Fx News Spike Signals by Crazy Cat, 2018/06/12

Release Time: 08:30 New York time (EST)
Primary currency pair: USD/JPY
Forecast: 0.2%
Prior: 0.2%
LT1 (Lower Trigger 1): -0.2 [SELL]
UT1 (Upper Trigger 1): +0.2 [BUY]
Safety: 1

If US CPI (M/M) comes out at 0.0% or less ( -0.2 trigger), USD/JPY should go down by about 25 pips. If it comes out at +0.4 or higher ( +0.2 trigger), USD/JPY should go up by about 25 pips.

Based on 70 estimates, median estimate is 0.2% and the average estimate is 0.24%. The highest estimate is +0.5% (one estimate), and then 0.4% (three estimates), 0.3% (21 estimates), 0.2% (42 estimate) and finally, the lowest estimate is 0.1% (three estimates). One standard deviation is 0.07%, about same as last month.

This report may work quite well but as always, be careful and don't trade excessive amount of money. Even +/- 0.1 triggers may work but I think it's too risky to trade so I wouldn't recommend that.

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