Based on the last 12 Continuing Jobless Claims events in United States, we expect USDJPY to trend upwards later today. Based on these past events there is a 71.43% chance of this. We expect USDJPY to trend upwards 4 hours following the event release at 03 Feb 13:30 if the released value is > 1620K. A price movement of 66 pips is expected.
Historical events that allowed us to draw this conclusion
27 Jan 13:30 |
23 Dec 13:30 |
09 Dec 13:30 |
24 Nov 13:30 |
10 Nov 13:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
