We expect NG to trend upwards for the next 48 hours.

We expect NG to trend upwards for the next 48 hours. Based on these past Japan Consumer Confidence news events there is a 66.67% chance of this. We expect this to happen because the released value is > 26. A price movement of 9 pips is expected.

Historical events that allowed us to draw this conclusion

08 Jan 05:00
31 Oct 05:00

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

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