Based on the last 12 Tankan Large Manufacturers Index events in Japan, we may expect ZW to trend upwards right now. Based on these past events there is a 71.43% chance of this. We made this conclusion because the released value is > 12. A price movement of 312 pips may be experienced.
Historical events that allowed us to draw this conclusion
30 Jun 23:50 |
12 Dec 23:50 |
01 Oct 23:50 |
02 Jul 23:50 |
31 Mar 23:50 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
