Based on the last 12 KOF Leading Indicators events in Switzerland, we expect S to trend upwards. Based on these past events there is a 71.43% chance of this. We expect S to trend upwards for 12 hours because the released value is > 104.6. A price movement of 4,175 pips is expected.
Historical events that allowed us to draw this conclusion
26 Feb 08:00 |
30 Dec 08:00 |
30 Sep 07:00 |
28 Aug 07:00 |
30 Jul 07:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
