We expect USDCHF to trend upwards right now.

Based on the last 12 Durable Goods Orders MoM events in United States, we expect USDCHF to trend upwards right now. Based on these past events there is a 71.43% chance of this. This will happen because the released value is > -1%

Historical events that allowed us to draw this conclusion

26 Aug 12:30

25 Jul 12:30

25 Oct 12:30

27 Sep 12:30

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