Based on the last 12 Balance of Trade events in Japan, we expect EURUSD to trend downwards later today. Based on these past events there is a 71.43% chance of this. We expect EURUSD to trend downwards 2 hours following the event release at 19 Oct 23:50 if the released value is < ¥-519.2B. A price movement of 7 pips is expected. Historical events that allowed us to draw this conclusion
15 Sep 23:50 |
20 Jul 23:50 |
15 Jun 23:50 |
16 Mar 23:50 |
15 Dec 23:50 |