Based on the last 12 Tankan Large Manufacturers Index events in Japan, we expect a $610 movement on AUDUSD within 48 hours following the event release at 2022-12-14 10:50. We expect AUDUSD to trend upwards 48 hours following the event release at 2022-12-14 10:50 if the released value is > 6
Historical events that allowed us to draw this conclusion
01 Apr 10:50 |
01 Oct 09:50 |
01 Apr 10:50 |
14 Dec 10:50 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).