Based on the last 12 Consumer Confidence events in Japan, we expect a 8 pip movement on SI within 2 hours following the event release at 03 Mar 05:00 UTC. We expect SI to trend upwards 2 hours following the event release at 03 Mar 05:00 UTC if the released value is < 36 Historical events that allowed us to draw this conclusion
31 Jan 05:00 |
02 Dec 05:00 |
31 Aug 05:00 |
30 Apr 05:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
