Based on the last 12 Consumer Confidence events in Japan, we expect a 1 pip movement on 6S for the next 48 hours. We expect 6S to trend downwards for 48 hours because the released value is < 40.8 Historical events that allowed us to draw this conclusion
02 Oct 05:00 |
29 Aug 05:00 |
01 Jul 05:00 |
08 Apr 05:00 |
01 Mar 05:00 |
30 Jan 05:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
