Based on the last 12 Durable Goods Orders MoM events in United States, 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 2025-01-28 13:30 if the released value is < 0.8%. A price movement of 42 pips is expected. Historical events that allowed us to draw this conclusion
23 Dec 14:30 |
27 Nov 13:30 |
25 Jul 12:30 |
27 Feb 13:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
