Based on the last 12 Consumer Confidence events in Japan, we could expect USDCHF to trend downwards later today. Based on these past events there is a 83.33% chance of this. We expect USDCHF to trend downwards 2 hours following the event release at 31 May 05:00 if the released value is < 33.5. A price movement of 10 pips could result. Historical events that allowed us to draw this conclusion
08 Apr 05:00 |
03 Mar 05:00 |
05 Jan 05:00 |
02 Dec 05:00 |
31 Aug 05:00 |