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Be very careful of upcoming volatility. We expect a $215.893 movement on USDCHF.

Be very careful of upcoming volatility because of United States Retail Sales MoM news event later today. Based on the last 12 Retail Sales MoM events in United States, we expect a $215.893 movement on USDCHF within 12 hours following the event release at 15 Aug 12:30. We expect this to happen if the released value is < 0.3%. A price movement of 21 pips is expected. Historical events that allowed us to draw this conclusion

14 Jun 12:30
15 May 12:30
01 Apr 12:30
15 Oct 12:30
14 Sep 12:30

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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Be very careful of upcoming volatility. We expect a $520 movement on GBPUSD.

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XAU/USD Target Level: 1474.7000

XAU/USD Target Level: 1474.7000

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