United States Continuing Jobless Claims News Event – a $331.56 opportunity on USDJPY

We expect a $331.56 movement on USDJPY within the next 4 hours. We expect USDJPY to trend upwards 4 hours following the Continuing Jobless Claims events in United States release because the released value is < 4220K. A price movement of 36 pips is expected. Historical events that allowed us to draw this conclusion

05 Mar 00:30
26 Feb 00:30
19 Feb 00:30
12 Feb 00:30
05 Feb 00:30
22 Jan 00:30
08 Jan 00:30
01 Jan 00:30
24 Dec 00:30
18 Dec 00:30

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