We expect SP to trend upwards for the next 48 hours. Based on these past Switzerland KOF Leading Indicators news events there is a 71.43% chance of this. We expect this to happen because the released value is > 81.6. A price movement of 11,720 pips is expected.
Historical events that allowed us to draw this conclusion
28 Feb 08:00 |
30 Jan 08:00 |
30 Dec 08:00 |
30 Oct 08:00 |
30 Aug 07:00 |
30 Jul 07:00 |
29 Mar 08:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
