What to trade around United States Continuing Jobless Claims news event

Past performance is not an indicator of future results.
Based on the last 12 Continuing Jobless Claims events in United States, we expect USDJPY to trend upwards right now. Based on these past events there is a 75% chance of this. We expect USDJPY to trend upwards for the next 4 hours because the released value is < 1720K. A price movement of 17 pips is expected.

Historical events that allowed us to draw this conclusion

31 Jan 13:30
24 Jan 13:30
08 Nov 13:30

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

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