We expect a $400 movement on USDCHF within 2 hours following the release of Adp Employment Change at 2023-01-05 13:15. We expect USDCHF to trend upwards 2 hours following the event release at 2023-01-05 13:15 if the released value is > 150K. A price movement of 37 pips is expected.
Historical events that allowed us to draw this conclusion
02 Nov 12:15 |
05 Oct 12:15 |
31 Aug 12:15 |
02 Mar 13:15 |
01 Dec 13:15 |
03 Nov 12:15 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
