Based on the last 12 KOF Leading Indicators events in Switzerland, we expect USDCHF to trend upwards later today. Based on these past events there is a 71.43% chance of this. We expect USDCHF to trend upwards 4 hours following the event release at 28 Jan 08:00 if the released value is > 106.3. A price movement of 21 pips is expected.
Historical events that allowed us to draw this conclusion
30 Sep 07:00 |
28 May 07:00 |
30 Apr 07:00 |
30 Mar 07:00 |
26 Feb 08:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
