Based on the last 12 Balance of Trade events in Japan, we expect AUDUSD to trend upwards later today. Based on these past events there is a 75% chance of this. We expect AUDUSD to trend upwards 12 hours following the event release at 2025-01-22 23:50 if the released value is > ¥-55B. A price movement of 26 pips is expected.
Historical events that allowed us to draw this conclusion
17 Sep 23:50 |
17 Jul 23:50 |
16 Apr 23:50 |
20 Mar 23:50 |
23 Jan 23:50 |
19 Dec 23:50 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
