Based on the last 12 Balance of Trade events in Japan, we may expect ZW to trend downwards right now. Based on these past events there is a 66.67% chance of this. We made this conclusion because the released value is < ¥-360.4B. A price movement of 25 pips may be experienced. Historical events that allowed us to draw this conclusion
16 Oct 23:50 |
20 Aug 23:50 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
