Based on the last 12 Tankan Large Manufacturers Index events in Japan, we expect a $610 movement on NZDUSD within 4 hours following the event release at 30 Sep 23:50. We expect NZDUSD to trend downwards 4 hours following the event release at 30 Sep 23:50 if the released value is > 2
Historical events that allowed us to draw this conclusion
13 Dec 23:50 |
01 Oct 23:50 |
02 Jul 23:50 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
