We expect USDCAD to trend upwards for the next 2 hours.

Based on the last 12 Continuing Jobless Claims events in United States, we expect USDCAD to trend upwards for the next 2 hours. Based on these past events there is a 71.43% chance of this. This will happen because the released value is < 1690K Historical events that allowed us to draw this conclusion

25 Jul 12:30

18 Jul 12:30

20 Jun 12:30

23 May 12:30

16 May 12:30

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