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We expect USDCAD to trend downwards today.

Based on past Switzerland KOF Leading Indicators news events there is a 66.67% chance of USDCAD trending downwards. We expect this to happen if the released value is < 89. A price movement of 52 pips is expected. Historical events that allowed us to draw this conclusion

30 May 07:00
28 Feb 08:00
30 Nov 08:00
30 Aug 07:00

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

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We expect a $35405 movement on PL within 48 hours following the event release at 2022-08-30 07:00.

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Existe un 66,67% de probabilidad de que el ES adopte una tendencia upwards

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