Based on past Canada Employment Change news events there is a 88.89% chance of USDCHF trending downwards. We expect this to happen if the released value is > 15.9K. A price movement of 46 pips is expected.
Historical events that allowed us to draw this conclusion
11 Oct 12:30 |
06 Sep 12:30 |
07 Jun 12:30 |
10 May 12:30 |
08 Mar 13:30 |
08 Feb 13:30 |
04 Jan 13:30 |
07 Dec 13:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
