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There is a 75% chance of USDCAD trending upwards

We expect a $343 movement on USDCAD within the next 2 hours. We expect USDCAD to trend upwards 2 hours following the Balance of Trade events in Canada release because the released value is < C$2B. A price movement of 47 pips is expected. Historical events that allowed us to draw this conclusion

05 Apr 12:30
05 Jan 13:30
05 Oct 12:30

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

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D’après les 12 derniers événements de Balance Commerciale en Canada, nous attendons un mouvement de 63 pips sur USDCAD pour les 4 heures à venir.

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Important price line being approached by JPN225. This price has been tested numerous times before.

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