Based on the last 12 Non Farm Payrolls events in United States, we expect USDCAD to trend upwards later today. Based on these past events there is a 87.5% chance of this. We expect USDCAD to trend upwards 4 hours following the event release at 2025-02-07 13:30 if the released value is > 170K. A price movement of 82 pips is expected.
Historical events that allowed us to draw this conclusion
10 Jan 13:30 |
06 Dec 13:30 |
04 Oct 12:30 |
05 Jul 12:30 |
07 Jun 12:30 |
08 Mar 13:30 |
02 Feb 13:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
