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We expect NZDUSD to trend downwards with a 66.67% chance.

Based on the last 12 Consumer Confidence events in Japan, we expect NZDUSD to trend downwards. Based on these past events there is a 66.67% chance of this. We expect NZDUSD to trend downwards for 12 hours because the released value is < 37.6. A price movement of 1 pips is expected. Historical events that allowed us to draw this conclusion

31 Jul 05:00
01 Jul 05:00
01 Mar 05:00
30 Jan 05:00
31 Oct 05:00
29 Aug 05:00

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

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We expect a $17.667 movement on DX within the next 4 hours.

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There is a 66.67% chance of OJ trending upwards

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