Based on the last 12 Ivey PMI s.a events in Canada, we expect a $226 movement on USDJPY within 4 hours following the event release at 2022-11-04 14:00. We expect USDJPY to trend upwards 4 hours following the event release at 2022-11-04 14:00 if the released value is < 57 Historical events that allowed us to draw this conclusion
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”).
