We expect a $634.11 movement on USDJPY within the next 4 hours. We expect USDJPY to trend downwards 4 hours following the GDP Growth Rate QoQ Prel events in Japan release because the released value is < 0.2%. A price movement of 69 pips is expected. Historical events that allowed us to draw this conclusion
15 May 23:50 |
13 Feb 23:50 |
12 Feb 23:50 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
