Based on the last 12 Balance of Trade events in Australia, we expect USDJPY to trend downwards later today. Based on these past events there is a 66.67% chance of this. We expect USDJPY to trend downwards 2 hours following the event release at 2025-02-06 00:30 if the released value is < A$7B. A price movement of 30 pips is expected. Historical events that allowed us to draw this conclusion
07 Nov 00:30 |
02 May 01:30 |
07 Mar 00:30 |
05 Feb 00:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
