Based on past Japan Consumer Confidence news events there is a 66.67% chance of BZ trending downwards. We expect this to happen because the released value is < 25.1. A price movement of 53 pips is expected. Historical events that allowed us to draw this conclusion
30 Apr 05:00 |
03 Mar 05:00 |
02 Oct 05:00 |
31 Jul 05:00 |
31 May 05:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
