Based on the last 12 Balance of Trade events in Japan, we expect CC to trend upwards later today. Based on these past events there is a 75% chance of this. We expect CC to trend upwards 4 hours following the event release at 2024-12-17 23:50 if the released value is > ¥-688.9B. A price movement of 258 pips is expected.
Historical events that allowed us to draw this conclusion
17 Sep 23:50 |
17 Jul 23:50 |
16 Apr 23:50 |
20 Feb 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”).
