87.5% probability that USDJPY may trend upwards

Based on the last 12 Continuing Jobless Claims events in United States, USDJPY may trend upwards later today. Based on these past events there is a 87.5% chance of this. This may happen if the released value is < 1325K Historical events that allowed us to draw this conclusion

19 May 22:30
12 May 22:30
05 May 22:30
21 Apr 22:30
14 Apr 22:30
31 Mar 23:30
24 Mar 23:30

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