Based on the last 12 Consumer Confidence events in Japan, we expect a 27,750 pip movement on NKD within 12 hours following the event release at 31 Aug 05:00 UTC. We expect NKD to trend upwards 12 hours following the event release at 31 Aug 05:00 UTC if the released value is < 37 Historical events that allowed us to draw this conclusion
30 Apr 05:00 |
29 Jan 05:00 |
06 Jan 05:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
