We expect a $157 movement on USDCHF within 12 hours following the event release at 2022-10-27 23:30.

Based on past Japan Unemployment Rate news events there is a 75% chance of USDCHF trending downwards. We expect this to happen if the released value is > 2.5%. A price movement of 15 pips is expected.

Historical events that allowed us to draw this conclusion

28 Jul 23:30

03 Mar 23:30

27 Dec 23:30

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