15 pip movement on USDJPY expected

Based on the last 12 Continuing Jobless Claims events in United States, we expect a 15 pip movement on USDJPY within 2 hours following the event release at 06 Nov 00:30 GMT+11. We expect USDJPY to trend upwards 2 hours following the event release at 06 Nov 00:30 GMT+11 if the released value is < 7200K Historical events that allowed us to draw this conclusion

22 Oct 23:30
15 Oct 23:30
08 Oct 23:30
01 Oct 22:30
17 Sep 22:30
20 Aug 22:30

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