Based on the last 12 Balance of Trade events in United States, we expect USDJPY to trend upwards later today. Based on these past events there is a 80% chance of this. We expect USDJPY to trend upwards 2 hours following the event release at 05 Oct 12:30 if the released value is > $-70.5B. A price movement of 15 pips is expected.

Historical events that allowed us to draw this conclusion

02 Sep 12:30

08 Jun 12:30

04 May 12:30

04 Dec 13:30