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Pre Event Forecast

Japan Consumer Confidence News Event – a possible $230 movement on AUDUSD

We expect AUDUSD to trend upwards for the next 2 hours. Based on these past Japan Consumer Confidence news events there is a 71.43% chance of this. We expect this to happen because the released value is < 34. A price movement of 23 pips is expected. Historical events that allowed us to draw this conclusion

29 Jul 05:00
08 Apr 05:00
03 Mar 05:00
31 Jan 05:00
05 Jan 05:00