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We expect ES to trend downwards with a 75% chance.

Based on the last 12 Unemployment Rate events in Japan, we expect ES to trend downwards. Based on these past events there is a 75% chance of this. We expect ES to trend downwards for 4 hours because the released value is < 2.8%. A price movement of 3,100 pips is expected. Historical events that allowed us to draw this conclusion

30 Sep 23:30
29 Jul 23:30
29 Apr 23:30
29 Mar 23:30
01 Mar 23:30
28 Jan 23:30

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

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