We expect a $95.59 movement on USDJPY within 4 hours following the release of Housing Starts at 17 Feb 13:30. We expect USDJPY to trend upwards 4 hours following the event release at 17 Feb 13:30 if the released value is < 1.7M. A price movement of 11 pips is expected. Historical events that allowed us to draw this conclusion
17 Nov 13:30 |
19 Oct 12:30 |
18 Aug 12:30 |
17 Mar 12:30 |
18 Feb 13:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
