Based on the last 12 Continuing Jobless Claims events in United States, we expect USDJPY to trend upwards. Based on these past events there is a 75% chance of this. We expect USDJPY to trend upwards for 2 hours because the released value is > 1900K. A price movement of 43 pips is expected.

Historical events that allowed us to draw this conclusion

25 Nov 00:30	11 Nov 00:30
23 Sep 22:30

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