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We expect NG to trend downwards right now.

Based on the last 12 Inflation Rate YoY events in Japan, we expect NG to trend downwards right now. Based on these past events there is a 66.67% chance of this. We expect NG to trend downwards for the next 4 hours because the released value is > -0.3%. A price movement of 2 pips is expected.

Historical events that allowed us to draw this conclusion

19 Jul 23:30
18 Feb 23:30

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

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