We expect a $378 movement on USDCHF within 4 hours following the release of Balance of Trade at 2022-10-12 06:00. We expect USDCHF to trend downwards 4 hours following the event release at 2022-10-12 06:00 if the released value is > £-8.4B. A price movement of 36 pips is expected.
Historical events that allowed us to draw this conclusion
12 Sep 06:00 |
11 Apr 06:00 |
11 Feb 07:00 |
10 Dec 07:00 |
11 Nov 07:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
