Based on past Japan Balance of Trade news events there is a 83.33% chance of BP trending downwards. We expect this to happen if the released value is > ¥917.2B. A price movement of 0 pips is expected.
Historical events that allowed us to draw this conclusion
18 Feb 23:50 |
17 Dec 23:50 |
17 Sep 23:50 |
18 Jun 23:50 |
17 Mar 23:50 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
