We expect a $402 movement on USDJPY within the next 4 hours. We expect USDJPY to trend upwards 4 hours following the Inflation Rate YoY events in Japan release because the released value is < 3.1%. A price movement of 54 pips is expected. Historical events that allowed us to draw this conclusion
21 Sep 23:30 |
20 Jul 23:30 |
22 Dec 23:30 |
20 Oct 23:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
