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We expect BZ to trend downwards for the next 48 hours.

We expect BZ to trend downwards for the next 48 hours. Based on these past Japan Tankan Large Manufacturers Index news events there is a 75% chance of this. We expect this to happen because the released value is > 2. A price movement of 255 pips is expected.

Historical events that allowed us to draw this conclusion

13 Dec 23:50
14 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”).

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We expect a $46.474 movement on FV within the next 48 hours.

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We expect EURUSD to trend downwards right now.

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