Based on the last 12 Consumer Confidence events in Switzerland, we expect SI to trend upwards. Based on these past events there is a 75% chance of this. We expect SI to trend upwards for 2 hours because the released value is > 6. A price movement of 11 pips is expected.
Historical events that allowed us to draw this conclusion
04 Aug 05:45 |
01 Feb 06:45 |
01 Nov 06:45 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
