We expect USDCHF to trend upwards later today. Based on these past United States Continuing Jobless Claims news events there is a 80% chance of this. We expect this to happen if the released value is > 1687K. A price movement of 29 pips is expected.
Historical events that allowed us to draw this conclusion
07 Nov 13:30 |
31 Oct 12:30 |
24 Oct 12:30 |
10 Oct 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
