We expect a $309 movement on USDJPY within the next 2 hours. We expect USDJPY to trend downwards 2 hours following the Continuing Jobless Claims events in United States release because the released value is > 1435K. A price movement of 41 pips is expected.
Historical events that allowed us to draw this conclusion
04 Aug 12:30 |
21 Jul 12:30 |
07 Jul 12:30 |
30 Jun 12:30 |
16 Jun 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
