Based on the last 12 Housing Starts events in United States, we expect a 38 pip movement on USDJPY within 2 hours following the event release at 20 Oct 12:30 UTC. We expect USDJPY to trend upwards 2 hours following the event release at 20 Oct 12:30 UTC if the released value is > 1.457M
Historical events that allowed us to draw this conclusion
18 Aug 12:30 |
18 Mar 12:30 |
19 Feb 13:30 |
17 Dec 13:30 |