| Date | Wednesday 18th January 2023 |
| Time | 13:30 |
USD Retail Sales is released prior to the open of the US session.
We are looking for a divergence of +/-0.5. If this is hit then we will be looking for a 30+ pip spike.
Note: There is a large amount of data released at this time. We believe that USD PPI MoM is likely to be the dominant event. Analysis for USD PPI MoM is available here: USD PPI MoM
What happened last time?
| USD Retail Sales MoM – 22-12-15 | |
| Time | 13:30 |
| Forecast | -0.1 |
| Actual | -0.6 |
| Deviation | -0.5 |
| One minute spike | 40 pips |
How we setup
| Main Event | USD Retail Sales MoM |
| Market | USD/JPY |
| Deviation | +/-0.5 |
| Prior | -0.6 |
| Forecast | -0.8 |
| Triggers |
Buy >-0.4 Sell <-1.2 |