Based on the last 12 Non Farm Payrolls events in United States, we expect USDJPY to trend upwards later today. Based on these past events there is a 75% chance of this. This may happen if the released value is > 600K

Historical events that allowed us to draw this conclusion

07 Aug 22:30	02 Jul 22:30
05 Jun 22:30	08 May 22:30
07 Mar 00:30	01 Nov 23:30

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