Based on the last 12 BoJ Interest Rate Decision events in Japan, we expect a $250 movement on EURUSD within 4 hours following the event release at 19 Sep 03:00. We expect EURUSD to trend upwards 4 hours following the event release at 19 Sep 03:00 if the released value is = -0.1%
Historical events that allowed us to draw this conclusion
20 Jun 03:00 |
25 Apr 03:00 |
23 Jan 03:00 |
20 Dec 03:00 |
31 Oct 03:00 |
19 Sep 03:00 |
31 Jul 04:00 |
15 Jun 03:00 |
09 Mar 03:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
