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We expect a 122 pip movement on USDCAD within 2 hours following the event release.

Based on the last 12 Non Farm Payrolls events in United States, we expect a 122 pip movement on USDCAD within 2 hours following the event release at 2023-05-05 12:30. We expect USDCAD to trend downwards 2 hours following the event release at 2023-05-05 12:30 if the released value is > 180K

Historical events that allowed us to draw this conclusion

10 Mar 13:30
03 Feb 13:30
06 Jan 13:30
04 Nov 12:30
07 Oct 12:30
02 Sep 12:30
08 Jul 12:30
03 Jun 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 Paiements Non Agricoles en États-Unis, nous attendons un mouvement de 122 pips sur USDCAD dans les 2 heures suivant la publication de l’événement à 2023-05-05 12:30.

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