Based on the last 12 BoJ Interest Rate Decision events in Japan, we expect a 113 pip movement on AUDUSD within 12 hours following the event release at 2022-12-20 03:00. We expect AUDUSD to trend downwards 12 hours following the event release at 2022-12-20 03:00 if the released value is = -0.1%
Historical events that allowed us to draw this conclusion
28 Oct 03:00 |
21 Jul 03:00 |
17 Jun 03:00 |
28 Apr 03:00 |
18 Jan 03:00 |
17 Dec 03:00 |
22 Sep 03:00 |
16 Jul 03:00 |
18 Jun 03:00 |
27 Apr 03:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
