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There is a 66.67% chance of USDCHF trending upwards

Based on past Canada Employment Change news events there is a 66.67% chance of USDCHF trending upwards. We expect this to happen if the released value is < 12.5K. A price movement of 20 pips is expected. Historical events that allowed us to draw this conclusion

05 Jul 12:30
07 Sep 12:30

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

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GER30 moves lower to 11,730.5 in the last 16 days.

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We expect GBPUSD to trend downwards today with a 75% chance.

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