Based on past Japan Unemployment Rate news events there is a 83.33% chance of USDJPY trending downwards. We expect this to happen because the released value is < 2.5%. A price movement of 95 pips is expected. Historical events that allowed us to draw this conclusion
26 Apr 09:30 |
29 Mar 10:30 |
01 Feb 10:30 |
30 Nov 10:30 |
01 Oct 09:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).