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We expect 6J to trend downwards today.

Based on the last 12 KOF Leading Indicators events in Switzerland, we expect 6J to trend downwards later today. Based on these past events there is a 66.67% chance of this. We expect 6J to trend downwards 48 hours following the event release at 30 Dec 08:00 if the released value is < 100.5. A price movement of 0 pips is expected. Historical events that allowed us to draw this conclusion

30 Oct 08:00
29 May 07:00

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

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