We expect a $53.204 movement on LE within the next 4 hours. We expect LE to trend upwards 4 hours following the Unemployment Rate events in Japan release because the released value is = 2.4%. A price movement of 42 pips is expected.
Historical events that allowed us to draw this conclusion
27 Jun 23:30 |
30 May 23:30 |
31 Jan 23:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).