We expect DX to trend downwards right now.

Based on the last 12 Balance of Trade events in Japan, we expect DX to trend downwards right now. Based on these past events there is a 80% chance of this. We expect DX to trend downwards for the next 2 hours because the released value is < ¥420B. A price movement of 2 pips is expected. Historical events that allowed us to draw this conclusion

18 Aug 23:50

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