We expect a $194 movement on USDJPY within 4 hours following the release of ISM Manufacturing PMI at 2025-02-03 15:00. We expect USDJPY to trend downwards 4 hours following the event release at 2025-02-03 15:00 if the released value is > 49.8. A price movement of 30 pips is expected.
Historical events that allowed us to draw this conclusion
03 Jan 15:00 |
02 Dec 15:00 |
01 Apr 14:00 |
01 Feb 15:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
