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Based on the last 12 Consumer Confidence events in Japan, we expect a $306.57 movement on USDJPY within the next 4 hours. We expect USDJPY to trend upwards for 4 hours because the released value is < 30 Historical events that allowed us to draw this conclusion
29 May 15:00 |
30 Apr 15:00 |
06 Apr 15:20 |
03 Mar 16:00 |
29 Aug 15:00 |
31 Jul 15:00 |
01 Jul 15:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).