Based on past United States Unemployment Rate news events there is a 66.67% chance of USDJPY trending downwards. We expect this to happen because the released value is = 3.6%. A price movement of 18 pips is expected.
Historical events that allowed us to draw this conclusion
06 Sep 12:30 |
02 Aug 12:30 |
07 Jun 12:30 |
07 Dec 13:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
