Based on the last 12 Consumer Confidence events in Japan, we expect OJ to trend upwards later today. Based on these past events there is a 75% chance of this. We expect OJ to trend upwards 4 hours following the event release at 2025-01-29 05:00 if the released value is < 36.6. A price movement of 284 pips is expected. Historical events that allowed us to draw this conclusion
08 Jan 05:00 |
30 Oct 05:00 |
29 Aug 05:00 |
01 Jul 05:00 |
02 May 05:00 |
09 Apr 05:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
