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Based on the last 12 GDP Growth Rate QoQ Prel events in Japan, we expect EURUSD to trend upwards later today. Based on these past events there is a 80% chance of this. We expect EURUSD to trend upwards 4 hours following the event release at 2023-05-16 23:50 if the released value is > 0.1%. A price movement of 13 pips is expected.
Historical events that allowed us to draw this conclusion
|15 Aug 23:50
|14 Feb 23:50
|15 Nov 23:50
|17 May 23:50
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