Based on the last 12 Non Farm Payrolls events in US, we expect a $127.40 movement on USDCHF within 4 hours following the event release at 03 May 12:30.
We expect USDCHF to trend down 4 hours following the event release at 03 May 12:30 if the released value is < 180K
Historical events that allowed us to draw this conclusion
08 Mar 13:30 |
07 Dec 13:30 |
05 Oct 12:30 |
03 Aug 12:30 |
* All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”)
