We expect 6M to trend downwards for the next 4 hours. Based on these past Switzerland Consumer Confidence news events there is a 80% chance of this. We expect this to happen because the released value is < -6. A price movement of 0 pips is expected. Historical events that allowed us to draw this conclusion
04 Nov 06:45 |
03 May 05:45 |
02 Aug 05:45 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
