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We expect a $167.996 movement on USDCAD within 2 hours following the event release at 14 Jan 07:00.

Based on the last 12 Balance of Trade events in United Kingdom, we expect a $167.996 movement on USDCAD within 2 hours following the event release at 14 Jan 07:00. We expect USDCAD to trend upwards 2 hours following the event release at 14 Jan 07:00 if the released value is < £-2.7B Historical events that allowed us to draw this conclusion

12 Aug 06:00
13 Apr 06:00
12 Feb 07:00
15 Jan 07:00

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

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After experiencing a 1.34% bearish move in the space of 4 days, nobody knows where USD/CHF is headed.

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We expect SI to trend upwards today with a 83.33% chance.

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