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We expect USDJPY to trend upwards right now.

We expect USDJPY to trend upwards for the next 4 hours. Based on these past Japan Tankan Large Manufacturers Index news events there is a 66.67% chance of this. We expect this to happen because the released value is > 11. A price movement of 85 pips is expected.

Historical events that allowed us to draw this conclusion

31 Mar 23:50
13 Dec 23:50
31 Mar 23:50
30 Sep 23:50

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

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We expect PL to trend downwards right now.

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Esperamos que el ZN adopte una tendencia upwards con una posibilidad de un 80%.

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