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We expect BO to trend downwards today with a 75% chance.

Based on the last 12 Consumer Confidence events in Japan, we expect BO to trend downwards later today. Based on these past events there is a 75% chance of this. We expect BO to trend downwards 12 hours following the event release at 2022-08-31 05:00 if the released value is > 31. A price movement of 292 pips is expected.

Historical events that allowed us to draw this conclusion

31 May 05:00
02 May 05:00

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

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Basándonos en los últimos 12 eventos de Confianza Del Consumidor en Japón, esperamos que el par UB adopte una tendencia descendente a última hora de hoy. Según estos eventos, hay un 75% de probabilidad de que esto suceda.

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