Based on the last 12 Balance of Trade events in Germany, we expect USDJPY to trend upwards later today. Based on these past events there is a 87.5% chance of this. We expect USDJPY to trend upwards 4 hours following the event release at 2025-05-08 06:00 if the released value is < €19.1B. A price movement of 66 pips is expected. Historical events that allowed us to draw this conclusion
07 Apr 06:00 |
13 Dec 07:00 |
07 Nov 07:00 |
06 Sep 06:00 |
07 Aug 06:00 |
07 Jun 06:00 |
07 May 06:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
