Based on the last 12 Existing Home Sales events in United States, we expect USDCHF to trend upwards later today. Based on these past events there is a 75% chance of this. We expect USDCHF to trend upwards 2 hours following the event release at 21 Aug 14:00 if the released value is < 5.39M. A price movement of 18 pips is expected. Historical events that allowed us to draw this conclusion
23 Jul 14:00 |
22 Apr 14:00 |
21 Feb 15:00 |
19 Oct 14:00 |
20 Sep 14:00 |
22 Aug 14:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
