We expect USDJPY to trend upwards later today. Based on these past United States Continuing Jobless Claims news events there is a 80% chance of this. We expect this to happen if the released value is > 1733K. A price movement of 43 pips is expected.

Historical events that allowed us to draw this conclusion

24 Dec 00:30	10 Dec 00:30
25 Nov 00:30	11 Nov 00:30

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