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 83.33% chance of this. We expect EURUSD to trend downwards 2 hours following the event release at 20 Jan 23:50 if the released value is < ¥942.8B. A price movement of 26 pips is expected. Historical events that allowed us to draw this conclusion

15 Dec 23:50

19 Jul 23:50

20 May 23:50

19 Apr 23:50

22 Jan 23:50