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We expect a $18604 movement on PL within 48 hours following the event release at 2024-01-31 05:00.

We expect PL to trend downwards later today. Based on these past Japan Consumer Confidence news events there is a 71.43% chance of this. We expect this to happen if the released value is > 37.6. A price movement of 1980 pips is expected.

Historical events that allowed us to draw this conclusion

05 Jan 05:00
01 May 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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