Based on the last 12 Consumer Confidence events in Japan, we expect TN to trend downwards later today. Based on these past events there is a 80% chance of this. We expect TN to trend downwards 48 hours following the event release at 2025-05-01 05:00 if the released value is < 34. A price movement of 15234 pips is expected. Historical events that allowed us to draw this conclusion
09 Apr 05:00 |
04 Mar 05:00 |
29 Jan 05:00 |
08 Jan 05:00 |
30 Oct 05:00 |
02 Oct 05:00 |
29 Aug 05:00 |
01 Jul 05:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
