We expect USDJPY to trend upwards for the next 4 hours. Based on these past United States Balance of Trade news events there is a 75% chance of this. We expect this to happen because the released value is < $-70.3B. A price movement of 60 pips is expected. Historical events that allowed us to draw this conclusion

07 Jul 22:30	04 May 22:30
05 Apr 22:30	08 Dec 00:30
04 Nov 23:30	05 Oct 23:30

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