Receive the latest alerts via email

We expect USDCAD to trend downwards today with a 80% chance.

We expect USDCAD to trend downwards later today. Based on these past Canada Unemployment Rate news events there is a 80% chance of this. We expect this to happen if the released value is < 5.7%. A price movement of 48 pips is expected. Historical events that allowed us to draw this conclusion

07 Jun 12:30
10 May 12:30
04 Jan 13:30
07 Dec 13:30

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

Total
0
Shares
Previous Post

We expect a $390 movement on NZDUSD within 2 hours following the release of Employment Change.

Next Post

Breach of support could mean a start of a bearish trend on Light Sweet Crude Oil NOVEMBER 2019

Related Posts