Based on the last 12 Ivey PMI s.a events in Canada, we expect a $138.24 movement on USDJPY within the next 2 hours. We expect USDJPY to trend downwards for 2 hours because the released value is < 61 Historical events that allowed us to draw this conclusion
06 Aug 14:00 |
04 Jun 14:00 |
07 May 14:00 |
07 Dec 15:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
