Receive the latest alerts via email

We expect a 33 pip movement on EURUSD within 2 hours following the event release.

Based on the last 12 Unemployment Rate events in Canada, we expect EURUSD to trend downwards later today. Based on these past events there is a 75% chance of this. We expect EURUSD to trend downwards 2 hours following the event release at 2024-11-08 13:30 if the released value is > 6.6%. A price movement of 33 pips is expected.

Historical events that allowed us to draw this conclusion

06 Sep 12:30
05 Jul 12:30
05 Apr 12:30

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

Total
0
Shares
Previous Post

LTCBTC has broken through a level it has tested 6 times in the recent past.

Next Post

We expect GC to trend downwards today with a 75% chance.

Related Posts