Based on the last 12 Inflation Rate YoY events in JP, we expect EURUSD to trend up. Based on these past events there is a 80.0% of this.
We expect EURUSD to trend up for 4 hours because the released value is > 1.1%. A price movement of 4 pips is expected.
Historical events that allowed us to draw this conclusion
20 Sep 23:30 |
23 Aug 23:30 |
21 Jun 23:30 |
25 Dec 23:30 |
* All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”)
