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We expect USDJPY to trend upwards today with a 66.67% chance.

Based on the last 12 Adp Employment Change 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 02 Mar 13:15 if the released value is > 388K. A price movement of 20 pips is expected.

Historical events that allowed us to draw this conclusion

05 Jan 13:15
01 Dec 13:15
30 Jun 12:15
03 Jun 12:15

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

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