Based on the last 12 Continuing Jobless Claims events in United States, we expect a 33 pip movement on USDCAD for the next 12 hours. We expect USDCAD to trend upwards for 12 hours because the released value is < 1687K Historical events that allowed us to draw this conclusion
26 Sep 12:30 |
12 Sep 12:30 |
05 Sep 12:30 |
29 Aug 12:30 |
22 Aug 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
