We expect CC to trend upwards for the next 12 hours. Based on these past Japan Tankan Large Manufacturers Index news events there is a 71.43% chance of this. We expect this to happen because the released value is > 10. A price movement of 918 pips is expected.
Historical events that allowed us to draw this conclusion
12 Dec 23:50 |
31 Mar 23:50 |
12 Dec 23:50 |
01 Oct 23:50 |
02 Jul 23:50 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
