Receive the latest alerts via email

We expect YM to trend downwards today.

Based on the last 12 Unemployment Rate events in Japan, we expect YM to trend downwards later today. Based on these past events there is a 75% chance of this. We expect YM to trend downwards 12 hours following the event release at 30 Nov 23:30 if the released value is = 3.1%. A price movement of 37,600 pips is expected.

Historical events that allowed us to draw this conclusion

01 Oct 23:30
30 Mar 23:30
28 Nov 23:30

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

Total
0
Shares
Previous Post

Big movement expected on UK100 after a breach of the support

Next Post

We expect a $390.57 movement on GF within 12 hours following the release of RBA Interest Rate Decision.

ARTÍCULOS RELACIONADOS