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We expect a $442 movement on USDCAD within 4 hours following the event release at 2023-03-24 12:30.

We expect USDCAD to trend downwards later today. Based on these past United States Durable Goods Orders MoM news events there is a 71.43% chance of this. We expect this to happen if the released value is < 0.6%. A price movement of 60 pips is expected. Historical events that allowed us to draw this conclusion

23 Dec 13:30
27 Oct 12:30
24 Aug 12:30
25 May 12:30
24 Mar 12:30

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

Previous Post

D’après les derniers 12 événements Commandes De Biens Durables (Mensuel) en États-Unis, nous prévoyons que USDCAD ira à la baisse plus tard dans la journée. Basé sur ces derniers événements, cela arrivera avec une probabilité de 71,43%.

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Feeder Cattle MAY 2023 a subi une très grosse baisse pendant 14 jours jusqu’à 198.85

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