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We expect PL to trend downwards today with a 71.43% chance.

Based on the last 12 Retail Sales MoM events in United States, we expect PL to trend downwards later today. Based on these past events there is a 71.43% chance of this. We expect PL to trend downwards 4 hours following the event release at 2023-07-18 12:30 if the released value is < 0.5%. A price movement of 3090 pips is expected. Historical events that allowed us to draw this conclusion

14 Apr 12:30
18 Jan 13:30
15 Dec 13:30
14 Oct 12:30
17 Aug 12:30

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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Esperamos un movimiento de $625 del USDJPY durante las próximas 2 horas.

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We expect USDJPY to trend upwards today with a 85.71% chance.

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