We expect a $343 movement on USDCAD within the next 4 hours. We expect USDCAD to trend upwards 4 hours following the BoJ Interest Rate Decision events in Japan release because the released value is = -0.1%. A price movement of 47 pips is expected.
Historical events that allowed us to draw this conclusion
22 Sep 03:00 |
28 Jul 03:00 |
28 Apr 04:00 |
10 Mar 03:00 |
20 Dec 03:00 |
28 Oct 03:00 |
22 Sep 03:00 |
21 Jul 03:00 |
17 Jun 03:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).