Based on the last 12 Consumer Confidence events in Switzerland, we expect 6C to trend upwards later today. Based on these past events there is a 75% chance of this. We expect 6C to trend upwards 12 hours following the event release at 05 Feb 06:45 if the released value is > -6. A price movement of 0 pips is expected.
Historical events that allowed us to draw this conclusion
01 Feb 06:45 |
01 Nov 06:45 |
01 Feb 06:45 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
