Based on the last 12 Balance of Trade events in Japan, we expect a $9.542 movement on CL within the next 2 hours. We expect CL to trend upwards for 2 hours because the released value is < ¥-150B Historical events that allowed us to draw this conclusion
19 Nov 23:50 |
20 Oct 23:50 |
18 Aug 23:50 |
22 Jan 23:50 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
