What to trade around Japan Consumer Confidence news event

La performance passata non è un indicatore delle performance future.
Based on the last 12 Consumer Confidence events in Japan, we expect USDCHF to trend upwards right now. Based on these past events there is a 70% chance of this. We expect USDCHF to trend upwards for the next 2 hours because the released value is < 41.6. A price movement of 3 pips is expected.

Historical events that allowed us to draw this conclusion

30 Jan 05:00
30 Nov 05:00
29 Aug 06:00
31 Jul 06:00
29 Jun 06:00
30 Maggio 06:00
09 Apr 06:00

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

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