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We expect a $1403 movement on KC within 4 hours following the release of Tankan Large Manufacturers Index.

Based on the last 12 Tankan Large Manufacturers Index events in Japan, we expect KC to trend upwards later today. Based on these past events there is a 75% chance of this. This may happen if the released value is > 15

Historical events that allowed us to draw this conclusion

12 Dec 23:50
31 Mar 23:50
12 Dec 23:50
01 Oct 23:50
02 Jul 23:50
13 Dec 23:50

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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We expect NZDUSD to trend downwards today with a 75% chance.

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