Based on past Switzerland KOF Leading Indicators news events there is a 83.33% chance of USDJPY trending downwards. We expect this to happen because the released value is > 84.5. A price movement of 79 pips is expected.
Historical events that allowed us to draw this conclusion
30 Jun 07:00 |
29 Apr 07:00 |
28 Jan 08:00 |
30 Dec 08:00 |
30 Sep 07:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
