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We expect a $238 movement on USDCHF within 4 hours following the event release at 2023-03-15 10:00.

Based on the last 12 Industrial Production YoY events in Euro Area, we expect USDCHF to trend upwards later today. Based on these past events there is a 85.71% chance of this. We expect USDCHF to trend upwards 4 hours following the event release at 2023-03-15 10:00 if the released value is > 0.2%. A price movement of 22 pips is expected.

Historical events that allowed us to draw this conclusion

13 Jan 10:00
14 Nov 10:00
12 Aug 09:00
13 Jul 09:00
13 May 09:00
20 Apr 09:00

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

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Esperamos un movimiento de 66 pips en el GBPUSD dentro de unas 4 horas posteriores a la publicación del evento.

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Esperamos un movimiento en $523 del BZ dentro de 48 horas después de la publicación del evento a las 2023-03-15 10:00.

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