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We expect USDCAD to trend upwards right now.

Based on the last 12 Ifo Business Climate events in Germany, USDCAD could experience an upwards trend. Based on these past events there is a 87.5% chance of this, and the trend could last 2 hours because the released value is < 86.7. Historical events that allowed us to draw this conclusion

18 Dec 09:00
24 Nov 09:00
25 Aug 08:00
25 Jul 08:00
26 Jun 08:00
24 May 08:00
22 Feb 09:00

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

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Nous attendons un mouvement de $392 pour USDCHF dans les 4 prochaines heures.

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There is a 75% chance of S trending downwards

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