We expect a $875 movement on USDCHF within the next 12 hours. We expect USDCHF to trend upwards 12 hours following the PPI MoM events in United States release because the released value is < 0.1%. A price movement of 78 pips is expected. Historical events that allowed us to draw this conclusion
15 Nov 13:30 |
14 Jun 12:30 |
11 May 12:30 |
15 Mar 12:30 |
18 Jan 13:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
