We expect a $41352 movement on CC within the next 2 hours. We expect CC to trend downwards 2 hours following the Balance of Trade events in Japan release because the released value is > ¥-1405B. A price movement of 1750 pips is expected.
Historical events that allowed us to draw this conclusion
20 Jul 23:50 |
18 May 23:50 |
19 Jan 23:50 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).