Based on the last 12 ISM Non-Manufacturing PMI events in United States, we expect a $168.84 movement on USDJPY within 4 hours following the event release at 05 Sep 14:00. We expect USDJPY to trend upwards 4 hours following the event release at 05 Sep 14:00 if the released value is < 54 Historical events that allowed us to draw this conclusion
03 Jul 14:00 |
03 Apr 14:00 |
05 Feb 15:00 |
07 Jan 15:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
