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We expect EURUSD to trend downwards for the next 2 hours.

Based on the last 12 BoJ Interest Rate Decision events in Japan, we could see EURUSD trend downwards right now. Based on historical events there is a 66.67% chance of this. This may happen because the released value is = 0.1%

Historical events that allowed us to draw this conclusion

19 Mar 03:00
19 Dec 03:00
31 Oct 03:00
28 Jul 03:00
28 Apr 04:00
18 Jan 03:00
20 Dec 03:00
28 Oct 03:00

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

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UK100 broke through a resistance at 2024-04-26T02:00:00.000Z, with the price momentum continuing to move in an upward direction over the next hours, good opportunity presents itself with the price expected to reach 8146.6030.

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We expect NQ to trend upwards for the next 12 hours.

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