We expect 6A to trend upwards for the next 2 hours. Based on these past Japan Consumer Confidence news events there is a 66.67% chance of this. We expect this to happen because the released value is > 39. A price movement of 0 pips is expected.
Historical events that allowed us to draw this conclusion
02 Aug 05:00 |
30 Jun 05:00 |
31 May 05:00 |
08 Apr 05:00 |
04 Mar 05:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
