USDJPY will trend upwards right now

Past performance is not an indicator of future results.
We expect USDJPY to trend upwards for the next 2 hours. Based on these past United States Durable Goods Orders ex Tansp MoM news events there is a 80% chance of this. We expect this to happen because the released value is < 0.2%. A price movement of 9 pips is expected.

Historical events that allowed us to draw this conclusion

21 Feb 13:30
21 Dec 13:30
21 Nov 13:30
25 Oct 13:30
27 Sep 13:30
26 Jul 13:30
27 Jun 13:30
26 Apr 13:30

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

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