Based on the last 12 KOF Leading Indicators events in Switzerland, we expect DX to trend downwards. Based on these past events there is a 71.43% chance of this. We expect DX to trend downwards for 12 hours because the released value is > 96.6. A price movement of 52 pips is expected.
Historical events that allowed us to draw this conclusion
30 Dec 08:00 |
30 Sep 07:00 |
28 Aug 07:00 |
30 Jul 07:00 |
28 Feb 08:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
