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We expect DX to trend upwards today with a 66.67% chance.

Based on the last 12 Balance of Trade events in Japan, we expect DX to trend upwards later today. Based on these past events there is a 66.67% chance of this. This may happen if the released value is > ¥-560B

Historical events that allowed us to draw this conclusion

17 Mar 23:50
18 Feb 23:50
17 Dec 23:50
17 Sep 23:50
17 Jul 23:50
18 Jun 23:50

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

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We expect 6E to trend downwards right now.

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We expect a 0 pip movement on BP for the next 4 hours.

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