Based on the last 12 Balance of Trade events in Japan, ZW could experience an upwards trend. Based on these past events there is a 75% chance of this, and the trend could last 2 hours because the released value is > ¥-240B.
Historical events that allowed us to draw this conclusion
20 Mar 23:50 |
20 Feb 23:50 |
23 Jan 23:50 |
19 Dec 23:50 |
18 Oct 23:50 |
19 Jul 23:50 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
