Based on the last 12 Continuing Jobless Claims events in United States, we expect USDCHF to trend downwards later today. Based on these past events there is a 85.71% chance of this. We expect USDCHF to trend downwards 48 hours following the event release at 22 Aug 12:30 if the released value is < 1700K. A price movement of 7 pips is expected. Historical events that allowed us to draw this conclusion
08 Aug 12:30 |
18 Jul 12:30 |
20 Jun 12:30 |
06 Jun 12:30 |
30 May 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
