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We expect USDCAD to trend upwards for the next 4 hours.

Based on the last 12 Tankan Large Manufacturers Index events in Japan, we could see USDCAD trend upwards right now. Based on historical events there is a 71.43% chance of this. This may happen because the released value is > 10

Historical events that allowed us to draw this conclusion

12 Dec 23:50
01 Oct 23:50
13 Dec 23:50
30 Sep 23:50
31 Mar 23:50

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

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