We expect a $225.977 movement on USDCHF within 4 hours following the release of GfK Consumer Confidence at 25 Mar 00:01. We expect USDCHF to trend downwards 4 hours following the event release at 25 Mar 00:01 if the released value is < -30. A price movement of 21 pips is expected. Historical events that allowed us to draw this conclusion
25 Feb 00:01 |
21 Jan 00:01 |
21 Oct 23:01 |
19 Aug 23:01 |
24 Jun 23:01 |
22 Apr 23:01 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
