We expect a $21.962 movement on ZB within the next 4 hours. We expect ZB to trend downwards 4 hours following the Balance of Trade events in Japan release because the released value is > ¥-369B. A price movement of 14 pips is expected.
Historical events that allowed us to draw this conclusion
17 Sep 23:50 |
18 Jun 23:50 |
16 Apr 23:50 |
17 Mar 23:50 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
