Receive the latest alerts via email

We expect USDCAD to trend upwards for the next 12 hours.

We expect USDCAD to trend upwards for the next 12 hours. Based on these past United States Retail Sales MoM news events there is a 80% chance of this. We expect this to happen because the released value is > 0.1%. A price movement of 50 pips is expected.

Historical events that allowed us to draw this conclusion

16 Feb 13:30
16 Nov 13:30
15 Oct 12:30
16 Sep 12:30

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

Total
0
Shares
Previous Post

Breach of support could mean a start of a bearish trend on US30

Next Post

We expect a 40337 pip movement on NQ for the next 12 hours.

ARTÍCULOS RELACIONADOS