We expect a $182.03 movement on USDCHF within 4 hours following the release of Balance of Trade at 09 Sep 08:30. We expect USDCHF to trend downwards 4 hours following the event release at 09 Sep 08:30 if the released value is < £-2.3B. A price movement of 18 pips is expected. Historical events that allowed us to draw this conclusion
10 May 08:30 |
10 Apr 08:30 |
12 Mar 09:30 |
11 Jan 09:30 |
10 Dec 09:30 |
10 Oct 08:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
