Based on the last 12 KOF Leading Indicators events in Switzerland, a $147.406 movement could occur on USDCAD within 4 hours following the event release at 30 Jun 07:00. We expect USDCAD to trend downwards 4 hours following the event release at 30 Jun 07:00 if the released value is > 96.3
Historical events that allowed us to draw this conclusion
29 Apr 07:00 |
30 Dec 08:00 |
29 Oct 07:00 |
30 Sep 07:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).