Based on the last 12 New Home Sales events in United States, we expect USDJPY to trend upwards later today. Based on these past events there is a 83.33% chance of this. This may happen if the released value is < 0.617M Historical events that allowed us to draw this conclusion
23 Aug 14:00 |
26 Jul 14:00 |
24 May 14:00 |
26 Apr 14:00 |
23 Mar 14:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).