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We expect HE to trend upwards today.

Based on the last 12 Balance of Trade events in Japan, we expect a $169 movement on HE within 4 hours following the event release at 2023-06-14 23:50. We expect HE to trend upwards 4 hours following the event release at 2023-06-14 23:50 if the released value is < ¥-1331.9B Historical events that allowed us to draw this conclusion

14 Sep 23:50
16 Aug 23:50
15 Jun 23:50

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

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We expect USDJPY to trend upwards today with a 80% chance.

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ETHBTC experienced a very large 14 hours bearish move to 0.06589

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