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

We expect NQ to trend downwards for the next 2 hours. Based on these past Japan BoJ Interest Rate Decision news events there is a 66.67% chance of this. We expect this to happen because the released value is = -0.1%. A price movement of 5362 pips is expected.

Historical events that allowed us to draw this conclusion

17 Jun 03:00
28 Apr 03:00
18 Mar 03:00
22 Sep 03:00
16 Jul 03:00
27 Apr 03:00
19 Mar 03:00
21 Jan 03:00

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

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