Based on the last 12 Continuing Jobless Claims events in United States, we expect USDJPY to trend downwards later today. Based on these past events there is a 83.33% chance of this. We expect USDJPY to trend downwards 2 hours following the event release at 2022-09-08 12:30 if the released value is > 1435K. A price movement of 41 pips is expected.
Historical events that allowed us to draw this conclusion
04 Aug 12:30 |
21 Jul 12:30 |
07 Jul 12:30 |
30 Jun 12:30 |
16 Jun 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).