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Based on the last 12 Housing Starts events in United States, we expect USDJPY to trend downwards later today. Based on these past events there is a 80% chance of this. We expect USDJPY to trend downwards 12 hours following the event release at 2022-11-17 13:30 if the released value is > 1.41M. A price movement of 37 pips is expected.
Historical events that allowed us to draw this conclusion
20 Sep 12:30 |
17 Mar 12:30 |
19 Jan 13:30 |
16 Dec 13:30 |
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