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We expect a $1298 movement on USDCAD within 4 hours following the event release at 2023-06-02 12:30.

We expect a $1298 movement on USDCAD within 4 hours following the release of Non Farm Payrolls at 2023-06-02 12:30. We expect USDCAD to trend downwards 4 hours following the event release at 2023-06-02 12:30 if the released value is > 190K. A price movement of 176 pips is expected.

Historical events that allowed us to draw this conclusion

05 May 12:30
10 Mar 13:30
06 Jan 13:30
02 Dec 13:30
04 Nov 12:30
07 Oct 12:30
02 Sep 12:30
08 Jul 12:30

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

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Basándonos en los últimos 12 eventos de Empleo No Agrícola en Estados Unidos, esperamos que el par NKD adopte una tendencia ascendente a última hora de hoy. Según estos eventos, hay un 72,73% de probabilidad de que esto suceda.

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Esperamos que el USDCAD adopte hoy una tendencia downwards con un 81,82% de probabilidad.

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