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We expect RU to trend upwards today with a 75% chance.

Based on the last 12 Markit Manufacturing PMI Flash events in Germany, we expect RU to trend upwards later today. Based on these past events there is a 75% chance of this. This may happen if the released value is < 57 Historical events that allowed us to draw this conclusion

23 Sep 07:30
23 Aug 07:30
21 May 07:30

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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After testing 0.9167 numerous times, USD/CHF is once again approaching this price point. Can we expect a bullish trend to follow?

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