We expect a $978.64 movement on USDJPY within the next 12 hours. We expect USDJPY to trend downwards 12 hours following the Durable Goods Orders MoM events in United States release because the released value is > 4.3%. A price movement of 104 pips is expected.

Historical events that allowed us to draw this conclusion

27 Jul 22:30	25 Jun 22:30
28 May 22:30	25 Mar 23:30
28 Feb 00:30	27 Sep 22:30
26 Aug 22:30

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