We expect USDJPY to trend upwards later today. Based on these past United States Continuing Jobless Claims news events there is a 75% chance of this. We expect this to happen if the released value is > 1665K. A price movement of 12 pips is expected.
Historical events that allowed us to draw this conclusion
29 Nov 13:30 |
21 Nov 13:30 |
15 Nov 13:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
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