We expect a 1 pip movement on HG for the next 4 hours.

Based on the last 12 BoJ Interest Rate Decision events in Japan, we expect a 1 pip movement on HG for the next 4 hours. We expect HG to trend upwards for 4 hours because the released value is = -0.1%

Historical events that allowed us to draw this conclusion

19 Dec 03:00
20 Jun 03:00

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

leave a reply