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We expect CC to trend upwards right now.

Based on the last 12 Consumer Confidence events in Japan, we could see CC trend upwards right now. Based on historical events there is a 80% chance of this. This may happen because the released value is < 38.9 Historical events that allowed us to draw this conclusion

09 Apr 05:00
29 Sep 05:00
30 Aug 05:00
31 May 05:00

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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We expect a 22 pip movement on USDCAD for the next 2 hours.

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A final push possible on NZD/USD as it starts approaching a price line of 0.6087.

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