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We could expect USDJPY to trend upwards right now.

Based on the last 12 Continuing Jobless Claims events in United States, we may expect USDJPY to trend upwards right now. Based on these past events there is a 71.43% chance of this. We made this conclusion because because the released value is < 1400K. A price movement of 53 pips may be experienced. Historical events that allowed us to draw this conclusion

21 Apr 12:30
14 Apr 12:30
24 Mar 12:30
17 Mar 12:30
24 Feb 13:30

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

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