USDJPY will trend upwards right now

La performance passata non è un indicatore delle performance future.
We expect USDJPY to trend upwards for the next 12 ore. Based on these past Australia NAB Business Confidence news events there is a 80% chance of this. We expect this to happen because the released value is > 3. A price movement of 24 pips is expected.

Historical events that allowed us to draw this conclusion

29 Jan 00:30
09 Oct 01:30
14 Aug 02:30
07 Maggio 02:30

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

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