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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 Switzerland GDP Growth Rate QoQ news events there is a 66.67% chance of this. We expect this to happen if the released value is < 0.2%. A price movement of 12 pips is expected. Historical events that allowed us to draw this conclusion

28 Feb 06:45
29 Nov 06:45
05 Sep 05:45
02 Mar 06:45

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

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After testing 7379.0000 numerous times, UK100 is once again approaching this price point. Can we expect a bearish trend to follow?

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We expect a $0 movement on 6C within 12 hours following the release of GDP Growth Rate QoQ.

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