We expect a $1719 movement on KC within the next 4 hours. We expect KC to trend downwards 4 hours following the Balance of Trade events in Japan release because the released value is > ¥ -280.0B. A price movement of 750 pips is expected.
Historical events that allowed us to draw this conclusion
20 Feb 23:50 |
23 Jan 23:50 |
19 Dec 23:50 |
15 Nov 23:50 |
19 Jul 23:50 |
17 May 23:50 |
19 Apr 23:50 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
