Past performance is not an indicator of future results.
Based on the last 12 Business Confidence events in Euro Area, we expect a 6 pip movement on USDCHF for the next 2 hours. We expect USDCHF to trend upwards for 2 hours because the released value is > 0.6
Historical events that allowed us to draw this conclusion
29 Nov 10:00 |
27 Sep 10:00 |
30 May 10:00 |
27 Feb 10:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
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