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We expect USDJPY to trend downwards for the next 2 hours.

We expect USDJPY to trend downwards for the next 2 hours. Based on these past United States ISM Manufacturing PMI news events there is a 75% chance of this. We expect this to happen because the released value is > 52. A price movement of 28 pips is expected.

Historical events that allowed us to draw this conclusion

01 Aug 14:00
01 Mar 15:00
01 Feb 15:00
01 Dec 15:00
01 Nov 14:00
01 Oct 14:00

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

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Esperamos un movimiento de 36 en el USDCHF durante las próximas 12 horas.

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We expect a 501 pip movement on GF for the next 48 hours.

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