Based on the last 12 Unemployment Rate events in Japan, we expect HE to trend upwards right now. Based on these past events there is a 66.67% chance of this. We expect HE to trend upwards for the next 48 hours because the released value is = 2.4%. A price movement of 423 pips is expected.
Historical events that allowed us to draw this conclusion
28 Nov 23:30 |
27 Jun 23:30 |
30 May 23:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
