Based on the last 12 BoJ Interest Rate Decision events in Japan, ES may trend upwards for the next 2 hours. Based on these past events there is a 70% chance of this. This may happen because the released value is = 0.5%
Historical events that allowed us to draw this conclusion
19 Dec 03:00 |
20 Sep 03:00 |
26 Apr 03:00 |
19 Mar 03:00 |
23 Jan 03:00 |
19 Dec 03:00 |
22 Sep 03:00 |
28 Jul 03:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
