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We expect a $601 movement on USDCAD within the next 2 hours.

We expect USDCAD to trend downwards for the next 2 hours. Based on these past United States ISM Manufacturing PMI news events there is a 75% chance of this. We expect this to happen because the released value is < 47. A price movement of 81 pips is expected. Historical events that allowed us to draw this conclusion

01 Jun 14:00
03 Apr 14:00
01 Mar 15:00
04 Jan 15:00
03 Oct 14:00
01 Jul 14:00

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

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Esperamos un movimiento de $740 del NZDUSD durante las próximas 48 horas.

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Esperamos un movimiento de 3464 pips en el GC dentro de unas 12 horas posteriores a la publicación del evento.

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