We expect a $1090 movement on ZC within the next 12 hours. We expect ZC to trend upwards 12 hours following the Balance of Trade events in Japan release because the released value is > ¥-55B. A price movement of 9 pips is expected.
Historical events that allowed us to draw this conclusion
17 Dec 23:50 |
17 Sep 23:50 |
17 Jul 23:50 |
16 Apr 23:50 |
20 Mar 23:50 |
23 Jan 23:50 |
19 Dec 23:50 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
