We expect USDCHF to trend downwards for the next 4 hours. Based on these past Euro Area ECB Interest Rate Decision news events there is a 72.73% chance of this. We expect this to happen because the released value is = 1.5%. A price movement of 47 pips is expected.
Historical events that allowed us to draw this conclusion
08 Sep 12:15 |
09 Jun 11:45 |
03 Feb 12:45 |
16 Dec 12:45 |
28 Oct 11:45 |
09 Sep 11:45 |
22 Jul 11:45 |
10 Jun 11:45 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
