Based on the last 12 Consumer Confidence events in Japan, we expect a 44 pip movement on HO within 48 hours following the event release at 08 Apr 05:00 UTC. We expect HO to trend upwards 48 hours following the event release at 08 Apr 05:00 UTC if the released value is < 34 Historical events that allowed us to draw this conclusion
03 Mar 05:00 |
31 Jan 05:00 |
05 Jan 05:00 |
02 Dec 05:00 |
30 Apr 05:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
