Receive the latest alerts via email

We expect USDJPY to trend upwards today.

Based on the last 12 Retail Sales MoM events in United States, we expect USDJPY to trend upwards later today. Based on these past events there is a 66.67% chance of this. We expect USDJPY to trend upwards 2 hours following the event release at 16 Oct 12:30 if the released value is > 0.3%. A price movement of 14 pips is expected.

Historical events that allowed us to draw this conclusion

13 Sep 12:30
15 Aug 12:30
16 Jul 12:30
11 Mar 12:30

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

Total
0
Shares
Previous Post

We expect a $310 movement on EURUSD within 2 hours following the release of Inflation Rate YoY.

Next Post
USD/JPY Target Level: 108.1480

USD/JPY Target Level: 108.1480

ARTÍCULOS RELACIONADOS