Based on the last 12 KOF Leading Indicators events in Switzerland, we expect ZB to trend upwards. Based on these past events there is a 75% chance of this. We expect ZB to trend upwards for 12 hours because the released value is > 136. A price movement of 79 pips is expected.
Historical events that allowed us to draw this conclusion
30 Apr 07:00 |
30 Mar 07:00 |
26 Feb 08:00 |
30 Dec 08:00 |
28 Aug 07:00 |
30 Jul 07:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
