USDJPY could trend upwards later today. Based on these past United States Durable Goods Orders MoM news events there is a 80% chance of this. This could happen only if the released value is > 0%. The price movement may be as big as 15 pips.
Historical events that allowed us to draw this conclusion
25 Feb 13:30 |
23 Dec 13:30 |
27 Oct 12:30 |
25 Aug 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
