Based on past United States Continuing Jobless Claims news events there is a 75% chance of USDJPY trending downwards. We expect this to happen because the released value is > 1345K. A price movement of 129 pips is expected.

Historical events that allowed us to draw this conclusion

08 Sep 22:30	04 Aug 22:30
21 Jul 22:30

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