We expect USDJPY to trend downwards for the next 48 hours. Based on these past United States Continuing Jobless Claims news events there is a 80% chance of this. We expect this to happen because the released value is > 1327K. A price movement of 219 pips is expected.

Historical events that allowed us to draw this conclusion

16 Jun 22:30	09 Jun 22:30
26 May 22:30

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