We expect a $268.25 movement on USDJPY within the next 4 hours. We expect USDJPY to trend downwards 4 hours following the Durable Goods Orders ex Tansp MoM events in United States release because the released value is > 0.2%. A price movement of 29 pips is expected.
Historical events that allowed us to draw this conclusion
26 Jun 12:30 |
25 Apr 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
