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We expect USDCAD to trend downwards today with a 80% chance.

We expect a $295 movement on USDCAD within 48 hours following the release of Inflation Rate YoY at 2025-04-15 12:30. We expect USDCAD to trend downwards 48 hours following the event release at 2025-04-15 12:30 if the released value is < 2.6%. A price movement of 41 pips is expected. Historical events that allowed us to draw this conclusion

21 Jan 13:30
15 Oct 12:30
17 Sep 12:30
16 Jul 12:30

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

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Brent Crude is approaching 64.3930. We expect either a breakout through this line, or a rebound.

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There is a 80% chance of CC trending upwards

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