We expect DX to trend downwards for the next 4 hours. Based on these past Switzerland KOF Leading Indicators news events there is a 66.67% chance of this. We expect this to happen because the released value is < 130. A price movement of 15 pips is expected. Historical events that allowed us to draw this conclusion
29 Jan 08:00 |
30 Oct 08:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
