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Japan Balance of Trade News Event – a $270 opportunity on EURUSD

We expect a $270 movement on EURUSD within 2 hours following the release of Balance of Trade at 19 May 23:50. We expect EURUSD to trend downwards 2 hours following the event release at 19 May 23:50 if the released value is > ¥140B. A price movement of 27 pips is expected.Historical events that allowed us to draw this conclusion18…

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20 pip movement on USDCHF expected

Based on the last 12 Balance of Trade events in Japan, we expect a 20 pip movement on USDCHF within 2 hours following the event release at 18 Apr 23:50 UTC. We expect USDCHF to trend upwards 2 hours following the event release at 18 Apr 23:50 UTC if the released value is < ¥490BHistorical events that allowed us to…

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GBPUSD may trend downwards from 16 Feb 23:50

We expect GBPUSD to trend downwards later today. Based on these past Japan Balance of Trade news events there is a 66.67% chance of this. We expect this to happen if the released value is < ¥-600B. A price movement of 46 pips is expected.Historical events that allowed us to draw this conclusion15 Dec 23:5019 Jul 23:5020 May 23:5019 Apr…

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