United States Durable Goods Orders MoM News Event – a $484.96 opportunity on USDJPY

We expect a $484.96 movement on USDJPY within 4 hours following the release of Durable Goods Orders MoM at 26 Feb 00:30. We expect USDJPY to trend upwards 4 hours following the event release at 26 Feb 00:30 if the released value is < 0.8%. A price movement of 56 pips is expected. Historical events that allowed us to draw this conclusion

28 Jan 00:30
24 Jun 22:30
27 May 22:30
26 Apr 22:30
24 Mar 23:30

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