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Based on the last 12 BoJ Interest Rate Decision events in Japan, we expect a 10 pip movement on EURUSD for the next 2 hours. We expect EURUSD to trend downwards for 2 hours because the released value is = -0.1%
Historical events that allowed us to draw this conclusion
17 Sep 13:00 |
15 Jul 13:00 |
16 Jun 12:45 |
22 May 13:00 |
19 Dec 14:00 |
31 Oct 15:00 |
30 Jul 13:00 |
20 Jun 13:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).