Based on the last 12 GDP Growth Rate QoQ Prel events in Japan, we expect NQ to trend downwards later today. Based on these past events there is a 80% chance of this. We expect NQ to trend downwards 48 hours following the event release at 2023-08-14 23:50 if the released value is > 0.8%. A price movement of 57837 pips is expected.
Historical events that allowed us to draw this conclusion
17 May 23:50 |
15 Aug 23:50 |
14 Feb 23:50 |
15 Nov 23:50 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
