Based on past United States Non Farm Payrolls news events there is a 75% chance of USDCHF trending upwards. We expect this to happen because the released value is < 170K. A price movement of 37 pips is expected. Historical events that allowed us to draw this conclusion
01 Nov 12:30 |
06 Sep 12:30 |
03 May 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
