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We expect EURUSD to trend upwards today.

Based on the last 12 Balance of Trade events in Canada, we expect a 45 pip movement on EURUSD within 4 hours following the event release at 2025-09-04 12:30. We expect EURUSD to trend upwards 4 hours following the event release at 2025-09-04 12:30 if the released value is < C$-4.75B Historical events that allowed us to draw this conclusion

05 Aug 12:30
05 Jun 12:30
05 Feb 13:30
05 Dec 13:30
05 Nov 13:30
04 Sep 12:30

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

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CAC 40 is approaching a support line of a Descending Triangle. It has touched this line numerous times in the last 14 days.

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