Based on the last 12 Housing Starts events in United States, we expect USDCHF to trend upwards right now. Based on these past events there is a 85.71% chance of this. We expect USDCHF to trend upwards for the next 2 hours because the released value is < 1.261M. A price movement of 8 pips is expected. Historical events that allowed us to draw this conclusion
19 Apr 12:30 |
26 Mar 12:30 |
26 Feb 13:30 |
16 Aug 12:30 |
18 Jul 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
