Based on the last 12 Consumer Confidence events in Japan, we expect a 6675 pip movement on KW within 48 hours following the event release at 2023-01-05 05:00. We expect KW to trend downwards 48 hours following the event release at 2023-01-05 05:00 if the released value is > 29
Historical events that allowed us to draw this conclusion
31 Aug 05:00 |
31 May 05:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).