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We expect a $634.11 movement on USDJPY within the next 4 hours.

We expect a $634.11 movement on USDJPY within the next 4 hours. We expect USDJPY to trend downwards 4 hours following the GDP Growth Rate QoQ Prel events in Japan release because the released value is < 0.2%. A price movement of 69 pips is expected. Historical events that allowed us to draw this conclusion

15 May 23:50
13 Feb 23:50
12 Feb 23:50

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

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We expect a $0 movement on 6S within 12 hours following the release of GDP Growth Rate QoQ Prel.

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A final push expected on BCHEUR as it starts approaching a price line of 262.6000.

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