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We expect a $290 movement on EURUSD within 2 hours following the release of Consumer Confidence.

Based on the last 12 Consumer Confidence events in Japan, we expect EURUSD to trend upwards later today. Based on these past events there is a 75% chance of this. We expect EURUSD to trend upwards 2 hours following the event release at 2022-10-31 05:00 if the released value is < 30. A price movement of 29 pips is expected. Historical events that allowed us to draw this conclusion

29 Jul 05:00
08 Apr 05:00
03 Mar 05:00
31 Jan 05:00
05 Jan 05:00
02 Dec 05:00

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

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Esperamos que el AUDUSD adopte hoy una tendencia downwards.

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We expect a $146 movement on CL within 4 hours following the event release at 2022-10-31 05:00.

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