We expect a $730 movement on NZDUSD within 48 hours following the release of BoJ Interest Rate Decision at 18 Jan 03:00. We expect NZDUSD to trend downwards 48 hours following the event release at 18 Jan 03:00 if the released value is = -0.1%. A price movement of 73 pips is expected.
Historical events that allowed us to draw this conclusion
17 Dec 03:00 |
16 Jul 03:00 |
18 Jun 03:00 |
19 Mar 03:00 |
21 Jan 03:00 |
18 Dec 03:45 |
29 Oct 03:00 |
15 Jul 03:00 |
16 Jun 02:45 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
