We expect AUDUSD to trend downwards for the next 2 hours. Based on these past Japan BoJ Interest Rate Decision news events there is a 75% chance of this. We expect this to happen because the released value is = -0.1%. A price movement of 29 pips is expected.
Historical events that allowed us to draw this conclusion
17 Jun 03:00 |
28 Apr 03:00 |
18 Jan 03:00 |
17 Dec 03:00 |
22 Sep 03:00 |
18 Jun 03:00 |
27 Apr 03:00 |
21 Jan 03:00 |
18 Dec 03:45 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
