Receive the latest alerts via email

Are you on the right side of the CA Balance of Trade news event?

Are you on the right side of the CA Balance of Trade news event?

Based on the last 12 Balance of Trade events in CA, we expect USDCAD to trend down later today. Based on these past events there is a 83.3% of this.
We expect USDCAD to trend down 2 hours following the event release at 02 Nov 12:30 if the released value is < C$0.15B. A price movement of 29 pips is expected. Historical events that allowed us to draw this conclusion

06 Jul 12:30
 
05 Apr 12:30
 
06 Feb 13:30
 
05 Jan 13:30
 
03 Nov 12:30
 

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

Total
0
Shares
Previous Post

Want to know why USDCAD is going up for the next 2 hours?

Next Post

Want to know why AUDUSD is going down today?

ARTÍCULOS RELACIONADOS