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We expect 6E to trend downwards today.

Based on the last 12 Consumer Confidence events in Switzerland, we expect 6E to trend downwards later today. Based on these past events there is a 85.71% chance of this. We expect 6E to trend downwards 4 hours following the event release at 04 Feb 06:45 if the released value is < -17. A price movement of 0 pips is expected. Historical events that allowed us to draw this conclusion

15 Apr 09:30
05 Feb 06:45
04 Nov 06:45
03 May 05:45
02 Aug 05:45
02 May 05:45

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

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