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We expect USDCAD to trend upwards today with a 66.67% chance.

We expect USDCAD to trend upwards later today. Based on these past United States Adp Employment Change news events there is a 66.67% chance of this. We expect this to happen if the released value is < 149K. A price movement of 57 pips is expected. Historical events that allowed us to draw this conclusion

05 Jun 12:15
03 Apr 12:15
06 Mar 13:15
06 Sep 12:15

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

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We expect a $0 movement on 6A within 4 hours following the event release at 05 Sep 12:15.

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We expect a $50.813 movement on ZT within 48 hours following the event release at 05 Sep 12:30.

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