Based on the last 12 BoJ Interest Rate Decision events in Japan, we expect AUDUSD to trend downwards later today. Based on these past events there is a 72.73% chance of this. We expect AUDUSD to trend downwards 12 hours following the event release at 2024-12-19 03:00 if the released value is = 0.25%. A price movement of 27 pips is expected.
Historical events that allowed us to draw this conclusion
31 Oct 03:00 |
20 Sep 03:00 |
14 Jun 03:25 |
19 Mar 03:00 |
23 Jan 03:00 |
31 Oct 03:00 |
28 Jul 03:00 |
16 Jun 03:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
