Based on the last 12 KOF Leading Indicators events in Switzerland, we expect YM to trend upwards later today. Based on these past events there is a 66.67% chance of this. We expect YM to trend upwards 48 hours following the event release at 30 Jul 07:00 if the released value is > 130. A price movement of 31,200 pips is expected.
Historical events that allowed us to draw this conclusion
28 May 07:00 |
30 Apr 07:00 |
26 Feb 08:00 |
30 Dec 08:00 |
30 Nov 08:00 |
30 Sep 07:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
