We expect a $0 movement on 6S within the next 48 hours. We expect 6S to trend downwards 48 hours following the Consumer Confidence events in Japan release because the released value is > 32. A price movement of 0 pips is expected.
Historical events that allowed us to draw this conclusion
31 Aug 05:00 |
31 Jul 05:00 |
08 Jan 05:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).