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Maybe a $1,212.401 movement on USDCAD within the next 48 hours.

We could see a $1,212.401 movement on USDCAD within the next 48 hours. USDCAD could trend upwards 48 hours following the BoJ Interest Rate Decision events in Japan release because the released value is = -0.1%. We may experience a price movement of 157 pips.

Historical events that allowed us to draw this conclusion

28 Apr 03:00
17 Dec 03:00
16 Jul 03:00
18 Jun 03:00
19 Mar 03:00
21 Jan 03:00
18 Dec 03:45
29 Oct 03:00

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

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A $4,583,356.25 movement could be seen on NQ within 48 hours following the release of BoJ Interest Rate Decision.

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A 128 pip movement possible on UB for the next 4 hours.

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