Based on past Switzerland Consumer Confidence news events there is a 75% chance of EURUSD trending downwards. We expect this to happen because the released value is < -23. A price movement of 63 pips is expected. Historical events that allowed us to draw this conclusion
02 Aug 07:00 |
02 Aug 07:00 |
02 May 07:00 |
01 Feb 08:00 |
04 Nov 08:00 |
04 May 07:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
