Based on the last 12 Housing Starts events in United States, we expect a 237 pip movement on USDCHF within 48 hours following the event release at 2022-08-16 12:30. We expect USDCHF to trend downwards 48 hours following the event release at 2022-08-16 12:30 if the released value is < 1.54M Historical events that allowed us to draw this conclusion
16 Jun 12:30 |
18 May 12:30 |
17 Feb 13:30 |
17 Nov 13:30 |
19 Oct 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).