USDCHF will trend downwards right now

La performance passata non è un indicatore delle performance future.
We expect USDCHF to trend downwards for the next 48 ore. Based on these past Japan Balance of Trade news events there is a 80% chance of this. We expect this to happen because the released value is < ¥-29.5B. A price movement of 69 pips is expected.

Historical events that allowed us to draw this conclusion

18 Dec 23:50
18 Nov 23:50
18 Jun 00:50
23 Jan 23:50

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

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