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We expect EMD to trend upwards right now.

Based on the last 12 Balance of Trade events in Canada, we could see a $76401 movement on EMD within the next 4 hours. EMD could trend upwards for the next 4 hours because the released value is < C$-1.5B Historical events that allowed us to draw this conclusion

05 Feb 13:30
05 Nov 13:30
08 Oct 12:30
04 Sep 12:30
03 Jul 12:30

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

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We expect EMD to trend upwards for the next 4 hours.

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We expect a $402 movement on USDCHF within the next 4 hours.

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