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We expect USDCHF to trend downwards today with a 80% chance.

Based on the last 12 Durable Goods Orders MoM events in United States, we expect USDCHF to trend downwards later today. Based on these past events there is a 80% chance of this. We expect USDCHF to trend downwards 12 hours following the event release at 2022-08-24 12:30 if the released value is < 0.6%. A price movement of 25 pips is expected. Historical events that allowed us to draw this conclusion

25 May 12:30
24 Mar 12:30
27 Jan 13:30
24 Nov 13:30

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

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AUS200 is approaching the resistance line of a Resistance. It has touched this line numerous times in the last 3 days.

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We expect ES to trend upwards today with a 80% chance.

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