We expect a $3.394 movement on DC within the next 4 hours. We expect DC to trend upwards 4 hours following the Employment Change events in Canada release because the released value is > 700K. A price movement of 14 pips is expected.
Historical events that allowed us to draw this conclusion
05 Jun 12:30 |
08 May 12:30 |
07 Feb 13:30 |
10 Jan 13:30 |
11 Oct 12:30 |
06 Sep 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
