We expect a $1690225 movement on YM within the next 2 hours. We expect YM to trend downwards 2 hours following the Balance of Trade events in Japan release because the released value is < ¥24.6B. A price movement of 4850 pips is expected. Historical events that allowed us to draw this conclusion
14 Jun 23:50 |
14 Dec 23:50 |
16 Nov 23:50 |
16 Aug 23:50 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
