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There is a 71.43% chance of USDCAD trending downwards

We expect a $449 movement on USDCAD within 48 hours following the release of Retail Sales MoM at 2025-06-17 12:30. We expect USDCAD to trend downwards 48 hours following the event release at 2025-06-17 12:30 if the released value is > -0.7%. A price movement of 61 pips is expected.

Historical events that allowed us to draw this conclusion

15 May 12:30
16 Apr 12:30
15 Nov 13:30
17 Sep 12:30
15 Aug 12:30

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

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We expect EMD to trend upwards today with a 80% chance.

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META is signaling a possible trend reversal on the intraday charts with price not breaching support.

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