We expect NKD to trend downwards for the next 2 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 > 94.5. A price movement of 7,250 pips is expected.
Historical events that allowed us to draw this conclusion
30 Oct 08:00 |
30 Jul 07:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
