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There is a 71.43% chance of C trending upwards

Based on past Switzerland KOF Leading Indicators news events there is a 71.43% chance of C trending upwards. We expect this to happen because the released value is > 119.5. A price movement of 1,762 pips is expected.

Historical events that allowed us to draw this conclusion

30 Mar 07:00
26 Feb 08:00
30 Dec 08:00
30 Sep 07:00
30 Jul 07:00

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

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

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We expect PL to trend downwards today with a 85.71% chance.

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