Based on the last 12 Durable Goods Orders MoM events in United States, we expect a 79 pip movement on USDCHF within 48 hours following the event release at 2023-09-27 12:30. We expect USDCHF to trend upwards 48 hours following the event release at 2023-09-27 12:30 if the released value is > -0.5%
Historical events that allowed us to draw this conclusion
27 Jul 12:30 |
27 Jun 12:30 |
26 Apr 12:30 |
26 Jan 13:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
