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We expect a 36 pip movement on USDCAD for the next 4 hours.

Based on the last 12 Continuing Jobless Claims events in United States, we expect a 36 pip movement on USDCAD for the next 4 hours. We expect USDCAD to trend upwards for 4 hours because the released value is < 1672K Historical events that allowed us to draw this conclusion

12 Sep 12:30
05 Sep 12:30
29 Aug 12:30
22 Aug 12:30
25 Jul 12:30
18 Jul 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 a 45 pip movement on EURUSD for the next 4 hours.

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