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We expect EURUSD to trend upwards later today. Based on these past Japan Unemployment Rate news events there is a 80% chance of this. We expect this to happen if the released value is < 3.1%. A price movement of 12 pips is expected. Historical events that allowed us to draw this conclusion
01 Sep 09:30![]() |
31 Jul 09:30![]() |
29 May 09:30![]() |
27 Dec 10:30![]() |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).