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There is a 71.43% chance of USDCAD trending upwards

Based on the last 12 Consumer Confidence events in Japan, we expect USDCAD to trend upwards later today. Based on these past events there is a 71.43% chance of this. This may happen if the released value is < 36.6 Historical events that allowed us to draw this conclusion

02 Oct 05:00
29 Aug 05:00
01 Jul 05:00
29 May 05:00
09 Apr 05:00

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

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We expect CC to trend upwards today with a 75% chance.

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We expect GBPUSD to trend downwards right now.

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