Based on the last 12 Durable Goods Orders MoM events in United States, we expect USDCHF to trend downwards later today. Based on these past events there is a 88.89% chance of this. We expect USDCHF to trend downwards 2 hours following the event release at 23 Dec 13:30 if the released value is > 0.6%. A price movement of 32 pips is expected.
Historical events that allowed us to draw this conclusion
25 Nov 13:30 |
27 Oct 12:30 |
26 Aug 12:30 |
27 Jul 12:30 |
25 Jun 12:30 |
28 May 12:30 |
25 Mar 12:30 |
27 Feb 13:30 |