Based on the last 12 Adp Employment Change events in United States, we expect USDCHF to trend downwards later today. Based on these past events there is a 83.33% chance of this. We expect USDCHF to trend downwards 2 hours following the event release at 31 Jul 12:15 if the released value is < 150K. A price movement of 13 pips is expected. Historical events that allowed us to draw this conclusion
05 Jun 12:15 |
03 Apr 12:15 |
06 Mar 13:15 |
06 Dec 13:15 |
06 Sep 12:15 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
