Based on the last 12 Ivey PMI s.a events in Canada, we could see a $886 movement on USDJPY within the next 2 hours. USDJPY could trend downwards for the next 2 hours because the released value is < 54 Historical events that allowed us to draw this conclusion
04 Aug 14:00 |
07 Jul 14:00 |
06 Jun 14:00 |
04 May 14:00 |
06 Jan 15:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
