Based on the last 12 KOF Leading Indicators events in Switzerland, we expect ED to trend upwards later today. Based on these past events there is a 75% chance of this. We expect ED to trend upwards 12 hours following the event release at 29 May 07:00 if the released value is < 70. A price movement of 1 pips is expected. Historical events that allowed us to draw this conclusion
30 Sep 07:00 |
28 Jun 07:00 |
29 May 07:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
