Based on the last 12 New Home Sales events in United States, USDCAD may trend downwards for the next 12 hours. Based on these past events there is a 75% chance of this. This may happen because the released value is < 0.75M Historical events that allowed us to draw this conclusion
26 Apr 14:00 |
23 Mar 14:00 |
24 Feb 15:00 |
23 Dec 15:00 |
24 Nov 15:00 |
26 Jul 14:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
