We expect a $3475 movement on PL within the next 2 hours. We expect PL to trend downwards 2 hours following the Tankan Large Manufacturers Index events in Japan release because the released value is > 11. A price movement of 410 pips is expected.
Historical events that allowed us to draw this conclusion
30 Sep 23:50 |
31 Mar 23:50 |
13 Dec 23:50 |
30 Sep 23:50 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).