Based on the last 12 Consumer Confidence events in Japan, we expect NE to trend upwards right now. Based on these past events there is a 66.67% chance of this. We expect NE to trend upwards for the next 48 hours because the released value is < 34.8. A price movement of 0 pips is expected. Historical events that allowed us to draw this conclusion
01 Jul 05:00 |
29 May 05:00 |
06 Apr 05:20 |
03 Mar 05:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
