USDJPY may trend upwards from 26 Apr 22:30

USDJPY could trend upwards later today. Based on these past United States Durable Goods Orders MoM news events there is a 85.71% chance of this. This could happen only if the released value is < 1%. The price movement may be as big as 66 pips. Historical events that allowed us to draw this conclusion

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

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