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We expect USDCHF to trend downwards right now.

We expect USDCHF to trend downwards for the next 4 hours. Based on these past Japan Unemployment Rate news events there is a 66.67% chance of this. We expect this to happen because the released value is > 2.5%. A price movement of 11 pips is expected.

Historical events that allowed us to draw this conclusion

03 Mar 23:30
27 Dec 23:30

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

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After experiencing a 7.33% bullish move in the space of 2 days, nobody knows where Silver SEPTEMBER 2022 is headed.

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