Based on the last 12 KOF Leading Indicators events in Switzerland, we expect a $470 movement on EURUSD within 12 hours following the event release at 2023-01-30 08:00. We expect EURUSD to trend upwards 12 hours following the event release at 2023-01-30 08:00 if the released value is > 93.3
Historical events that allowed us to draw this conclusion
30 Dec 08:00 |
30 Jun 07:00 |
29 Apr 07:00 |
28 Jan 08:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
