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We expect USDCHF to trend upwards today with a 75% chance.

Based on the last 12 Industrial Production YoY events in Euro Area, we expect USDCHF to trend upwards later today. Based on these past events there is a 75% chance of this. We expect USDCHF to trend upwards 48 hours following the event release at 2022-11-14 10:00 if the released value is > 2.8%. A price movement of 71 pips is expected.

Historical events that allowed us to draw this conclusion

12 Oct 09:00
12 Aug 09:00
13 Jul 09:00
20 Apr 09:00
14 Dec 10:00
12 Nov 10:00

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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D’après les derniers 12 événements Production Industrielle (Annuel) en Zone Euro, nous prévoyons que USDCHF ire à la hausse plus tard dans la journée. Basé sur ces derniers événements, cela arrivera avec une probabilité de 75%.

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