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We expect USDJPY to trend upwards today with a 75% chance.

Based on the last 12 Unemployment Rate events in Canada, we expect USDJPY to trend upwards later today. Based on these past events there is a 75% chance of this. We expect USDJPY to trend upwards 2 hours following the event release at 2023-02-10 13:30 if the released value is < 5.1%. A price movement of 154 pips is expected. Historical events that allowed us to draw this conclusion

02 Dec 13:30
07 Oct 12:30
05 Aug 12:30
08 Jul 12:30
10 Jun 12:30
11 Mar 13:30

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

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Esperamos un movimiento en $860 del GBPUSD dentro de 2 horas después de la publicación del evento a las 2023-02-10 13:30.

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We expect ES to trend upwards today.

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