We expect ZN to trend upwards for the next 12 hours. Based on these past Switzerland KOF Leading Indicators news events there is a 75% chance of this. We expect this to happen because the released value is < 95. A price movement of 28 pips is expected. Historical events that allowed us to draw this conclusion
30 Sep 07:00 |
28 Jun 07:00 |
30 Apr 07:00 |
30 Jan 08:00 |
28 Dec 08:00 |
30 Nov 08:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
