Want to know why USDJPY is going downwards for the next 2 hours?

Past performance is not an indicator of future results.
Based on the last 12 Industrial Production YoY events in Euro Area, we expect a $64.75 movement on USDJPY within the next 2 hours. We expect USDJPY to trend downwards for the next 2 hours because the released value is < -2.3%

Historical events that allowed us to draw this conclusion

14 Aug 10:00

13 Jun 10:00

15 May 10:00

14 Mar 10:00

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

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