We expect CC to trend upwards later today. Based on these past Switzerland KOF Leading Indicators news events there is a 75% chance of this. We expect this to happen if the released value is > 107. A price movement of 13,300 pips is expected.
Historical events that allowed us to draw this conclusion
30 Sep 07:00 |
28 Aug 07:00 |
30 Jul 07:00 |
30 Mar 07:00 |
28 Feb 08:00 |
30 Jan 08:00 |
30 Dec 08:00 |
30 Oct 08:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
