Based on the last 12 GDP Growth Rate QoQ Prel events in Japan, we expect YM to trend upwards later today. Based on these past events there is a 87.5% chance of this. We expect YM to trend upwards 48 hours following the event release at 2024-11-14 23:50 if the released value is < 0.2%. A price movement of 482 pips is expected. Historical events that allowed us to draw this conclusion
15 May 23:50 |
14 Feb 23:50 |
14 Nov 23:50 |
14 Nov 23:50 |
14 Aug 23:50 |
14 Feb 23:50 |
14 Nov 23:50 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
