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We expect USDJPY to trend upwards today.

Based on the last 12 Ivey PMI s.a events in Canada, we expect USDJPY to trend upwards later today. Based on these past events there is a 80% chance of this. We expect USDJPY to trend upwards 2 hours following the event release at 2023-03-06 15:00 if the released value is < 55.9. A price movement of 34 pips is expected. Historical events that allowed us to draw this conclusion

04 Nov 14:00
05 Aug 14:00
07 Jul 14:00
06 May 14:00

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

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Esperamos que el USDCAD adopte hoy una tendencia downwards.

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D’après les derniers 12 événements Ivey Pmi Sa en Canada, nous prévoyons que USDCAD ira à la baisse plus tard dans la journée. Basé sur ces derniers événements, cela arrivera avec une probabilité de 80%.

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