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We expect a $38804 movement on S within the next 4 hours.

We expect a $38804 movement on S within the next 4 hours. We expect S to trend upwards 4 hours following the Consumer Confidence events in Japan release because the released value is < 31. A price movement of 2725 pips is expected. Historical events that allowed us to draw this conclusion

29 Jul 05:00
29 Jun 05:00
08 Apr 05:00
05 Jan 05:00
02 Dec 05:00

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

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USD/JPY is approaching 138.3290. We expect either a breakout through this line, or a rebound.

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Esperamos un movimiento en $260 del AUDUSD durante las próximas 2 horas.

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