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We expect SB to trend upwards today with a 80% chance.

Based on the last 12 Unemployment Rate events in Japan, we expect SB to trend upwards later today. Based on these past events there is a 80% chance of this. We expect SB to trend upwards 12 hours following the event release at 28 May 23:30 if the released value is = 2.7%. A price movement of 33 pips is expected.

Historical events that allowed us to draw this conclusion

27 Apr 23:30
30 Mar 23:30
28 Nov 23:30
27 Jun 23:30
30 May 23:30

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

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We expect a $90.164 movement on CL within the next 48 hours.

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There is a 75% chance of BO trending downwards

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