Based on the last 12 Consumer Confidence events in Japan, we expect USDJPY to trend upwards later today. Based on these past events there is a 77.78% chance of this. This will happen if the released value is < 37.3 Historical events that allowed us to draw this conclusion
29 Aug 05:00 |
31 Jul 05:00 |
01 Jul 05:00 |
08 Apr 05:00 |
01 Mar 05:00 |
30 Jan 05:00 |
30 Nov 05:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
