We expect a $109 movement on USDCAD within the next 4 hours. We expect USDCAD to trend upwards 4 hours following the Inflation Rate YoY events in Japan release because the released value is > 3.2%. A price movement of 14 pips is expected.
Historical events that allowed us to draw this conclusion
19 Sep 23:30 |
18 Aug 23:30 |
23 Jun 23:30 |
19 May 23:30 |
21 Apr 23:30 |
17 Mar 23:30 |
20 Jan 23:30 |
23 Dec 23:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
