Based on the last 12 Unemployment Rate events in Japan, we expect NKD to trend upwards later today. Based on these past events there is a 66.67% chance of this. We expect NKD to trend upwards 48 hours following the event release at 2023-03-02 23:30 if the released value is < 2.5%. A price movement of 8750 pips is expected. Historical events that allowed us to draw this conclusion
30 May 23:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).