We expect a $984 movement on USDCHF within 4 hours following the release of Fed Interest Rate Decision at 2023-07-26 18:00. We expect USDCHF to trend downwards 4 hours following the event release at 2023-07-26 18:00 if the released value is = 5.5%. A price movement of 91 pips is expected.
Historical events that allowed us to draw this conclusion
03 May 18:00 |
22 Mar 18:00 |
01 Feb 19:00 |
14 Dec 19:00 |
21 Sep 18:00 |
27 Jul 18:00 |
04 May 18:00 |
16 Mar 18:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).