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We expect S to trend upwards today.

Based on the last 12 Consumer Confidence events in Japan, we expect S to trend upwards later today. Based on these past events there is a 88.89% chance of this. We expect S to trend upwards 2 hours following the event release at 2025-04-09 05:00 if the released value is < 34.7. A price movement of 25 pips is expected. Historical events that allowed us to draw this conclusion

29 Jan 05:00
08 Jan 05:00
30 Oct 05:00
02 Oct 05:00
29 Aug 05:00
01 Jul 05:00
29 May 05:00
02 May 05:00
09 Apr 05:00

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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We expect AUDUSD to trend upwards today with a 80% chance.

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