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We expect USDCHF to trend downwards for the next 2 hours.

We expect USDCHF to trend downwards for the next 2 hours. Based on these past United States Continuing Jobless Claims news events there is a 71.43% chance of this. We expect this to happen because the released value is < 1733K. A price movement of 54 pips is expected. Historical events that allowed us to draw this conclusion

30 Dec 13:30
18 Nov 13:30
04 Nov 12:30
28 Oct 12:30
21 Oct 12:30

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

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We expect a 647 pip movement on KC within 12 hours following the event release.

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USD/JPY hits 114.673 after a 1.29% move spanning 10 days

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