Japan Consumer Confidence News Event – a $40 opportunity on AUDUSD

Past performance is not an indicator of future results.
We expect a $40 movement on AUDUSD within 2 hours following the release of Consumer Confidence at 08 Apr 06:00. We expect AUDUSD to trend upwards 2 hours following the event release at 08 Apr 06:00 if the released value is < 40.8. A price movement of 4 pips is expected.

Historical events that allowed us to draw this conclusion

30 Jan 05:00
30 Nov 05:00
31 Oct 05:00
29 Jun 06:00
30 May 06:00
02 May 06:00
09 Apr 06:00

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).