Based on the last 12 Unemployment Rate events in Japan, we expect CC to trend downwards later today. Based on these past events there is a 87.5% chance of this. We expect CC to trend downwards 48 hours following the event release at 29 Apr 23:30 if the released value is < 2.9%. A price movement of 12,300 pips is expected. Historical events that allowed us to draw this conclusion
29 Mar 23:30 |
01 Mar 23:30 |
28 Jan 23:30 |
24 Dec 23:30 |
29 Oct 23:30 |
31 Aug 23:30 |
28 May 23:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
