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We expect a $998 movement on USDJPY within the next 4 hours.

We expect USDJPY to trend upwards for the next 4 hours. Based on these past United States Non Farm Payrolls news events there is a 75% chance of this. We expect this to happen because the released value is > 200K. A price movement of 134 pips is expected.

Historical events that allowed us to draw this conclusion

02 Feb 13:30
08 Dec 13:30
06 Oct 12:30
01 Sep 12:30
02 Jun 12:30
05 May 12:30

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

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We expect a $687655 movement on ES within the next 48 hours.

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USD/CAD broke through a support at 2024-03-07T02:00:00.000Z, with the price momentum continuing to move in an downward direction over the next hours, good opportunity presents itself with the price expected to reach 1.3415.

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