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There is a 66.67% chance of 6M trending upwards

Based on past Japan Inflation Rate YoY news events there is a 66.67% chance of 6M trending upwards. We expect this to happen if the released value is < -0.1%. A price movement of 0 pips is expected. Historical events that allowed us to draw this conclusion

20 May 23:30
22 Apr 23:30
19 Nov 23:30
22 Oct 23:30

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

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There is a 75% chance of 6S trending upwards

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UK100 is quickly approaching 7138.5000. We expect either a breakout through this line, or a rebound.

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