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We expect YM to trend downwards for the next 12 hours.

We expect YM to trend downwards for the next 12 hours. Based on these past United States Fed Interest Rate Decision news events there is a 66.67% chance of this. We expect this to happen because the released value is = 1.75%. A price movement of 68,700 pips is expected.

Historical events that allowed us to draw this conclusion

31 Jul 18:00
01 May 18:00
20 Mar 18:00
19 Dec 19:00
08 Nov 19:00
26 Sep 18:00
01 Aug 18:00
13 Jun 18:00

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

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