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We expect a $0 movement on 6S within the next 48 hours.

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”).

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We expect a $33.927 movement on CL within 2 hours following the event release at 02 Oct 05:00.

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