We expect OJ to trend downwards for the next 12 hours. Based on these past United States Fed Interest Rate Decision news events there is a 72.73% chance of this. We expect this to happen because the released value is = 3.25%. A price movement of 959 pips is expected.
Historical events that allowed us to draw this conclusion
04 May 18:00 |
26 Jan 19:00 |
03 Nov 18:00 |
22 Sep 18:00 |
28 Jul 18:00 |
16 Jun 18:00 |
28 Apr 18:00 |
17 Mar 18:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
