Based on past United States Continuing Jobless Claims news events there is a 80% chance of USDCHF trending upwards. We expect this to happen if the released value is > 1699K. A price movement of 42 pips is expected.
Historical events that allowed us to draw this conclusion
23 Mar 12:30 |
16 Feb 13:30 |
09 Feb 13:30 |
26 Jan 13:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
