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We expect a $0 movement on 6J within 4 hours following the event release at 29 Jan 05:00.

Based on the last 12 Consumer Confidence events in Japan, we expect a $0 movement on 6J within 4 hours following the event release at 29 Jan 05:00. We expect 6J to trend downwards 4 hours following the event release at 29 Jan 05:00 if the released value is > 31.2

Historical events that allowed us to draw this conclusion

02 Dec 05:00
31 Aug 05:00
31 Jul 05:00

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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After testing 5655.0000 numerous times, FRA40 is once again approaching this price point. Can we expect a bullish trend to follow?

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We expect a $0 movement on 6M within 12 hours following the event release at 29 Jan 06:30.

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