Based on the last 12 Unemployment Rate events in Japan, we could expect USDJPY to trend downwards later today. Based on these past events there is a 85.71% chance of this. We expect USDJPY to trend downwards 12 hours following the event release at 26 Apr 09:30 if the released value is < 2.7%. A price movement of 95 pips could result. Historical events that allowed us to draw this conclusion
29 Mar 10:30 |
01 Feb 10:30 |
30 Nov 10:30 |
01 Oct 09:30 |
31 Aug 09:30 |
30 Apr 09:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).