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

Based on the last 12 Employment Change events in Australia, we expect USDCAD to trend upwards later today. Based on these past events there is a 80% chance of this. We expect USDCAD to trend upwards 4 hours following the event release at 2023-03-16 00:30 if the released value is > 48.5K. A price movement of 25 pips is expected.

Historical events that allowed us to draw this conclusion

15 Dec 00:30
17 Nov 00:30
16 Jun 01:30
17 Mar 00:30

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

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Después de experimentar un movimiento bajista de 9,45% en un intervalo de 17 horas, nadie sabe hacia dónde se dirige el LTCUSD.

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Esperamos un movimiento en $2165737 del YM dentro de 2 horas después de la publicación del evento a las 2023-03-16 00:30.

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