Based on the last 12 Consumer Confidence events in Japan, we expect C to trend downwards later today. Based on these past events there is a 71.43% chance of this. We expect C to trend downwards 2 hours following the event release at 2022-07-29 05:00 if the released value is < 33. A price movement of 262 pips is expected. Historical events that allowed us to draw this conclusion
29 Jun 05:00 |
08 Apr 05:00 |
03 Mar 05:00 |
05 Jan 05:00 |
02 Dec 05:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
