Based on the last 12 Durable Goods Orders MoM events in United States, USDJPY may trend upwards for the next 12 hours. Based on these past events there is a 75% chance of this. This may happen because the released value is > -7.8%
Historical events that allowed us to draw this conclusion
24 Apr 12:30 |
26 Mar 12:30 |
25 Oct 12:30 |
26 Sep 12:30 |
26 Aug 12:30 |
27 Jun 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
