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

We expect AUDUSD to trend downwards later today. Based on these past Canada Ivey PMI s.a news events there is a 66.67% chance of this. We expect this to happen if the released value is < 53. A price movement of 2 pips is expected. Historical events that allowed us to draw this conclusion

05 Jul 14:00
06 Mar 15:00
06 Feb 15:00
04 Oct 14:00

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

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A quick move expected on Jpmorgan Chase & Co. as it starts approaching a support line of a Channel Up

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EUR/USD Target Level: 1.1012

EUR/USD Target Level: 1.1012

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