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We expect USDCHF to trend upwards today with a 80% chance.

We expect USDCHF to trend upwards later today. Based on these past United States Continuing Jobless Claims news events there is a 80% chance of this. We expect this to happen if the released value is > 1687K. A price movement of 29 pips is expected.

Historical events that allowed us to draw this conclusion

07 Nov 13:30
31 Oct 12:30
24 Oct 12:30
10 Oct 12:30

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

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EUR/CAD Target Level: 1.4544

EUR/CAD Target Level: 1.4544

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We expect ZW to trend upwards today with a 71.43% chance.

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