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We expect ZO to trend downwards today with a 66.67% chance.

We expect ZO to trend downwards later today. Based on these past Canada Employment Change news events there is a 66.67% chance of this. We expect this to happen if the released value is > 10K. A price movement of 462 pips is expected.

Historical events that allowed us to draw this conclusion

10 May 12:30
07 Dec 13:30

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

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We expect EURUSD to trend downwards today with a 83.33% chance.

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We expect a $390 movement on NZDUSD within 2 hours following the release of Employment Change.

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