Based on the last 12 Adp Employment Change events in United States, we expect a 66 pip movement on USDCAD within 48 hours following the event release at 05 Jan 13:15 GMT. We expect USDCAD to trend upwards 48 hours following the event release at 05 Jan 13:15 GMT if the released value is > 400K
Historical events that allowed us to draw this conclusion
01 Dec 13:15 |
03 Nov 12:15 |
30 Jun 12:15 |
03 Feb 13:15 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
