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EURUSD could trend upwards today with a 83.33% chance.

Based on the last 12 Consumer Confidence events in Japan, EURUSD could trend upwards later today. Based on these past events there is a 83.33% chance of this. This may happen if the released value is < 33 Historical events that allowed us to draw this conclusion

08 Apr 05:00
31 Jan 05:00
05 Jan 05:00
02 Dec 05:00
31 Aug 05:00

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

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We may be expecting a $314.922 movement on CL within 48 hours following the event release at 29 Jun 05:00.

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A 1,520 pip movement possible on PL for the next 4 hours.

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