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We expect USDCAD to trend upwards today with a 75% chance.

We expect USDCAD to trend upwards later today. Based on these past Japan Inflation Rate YoY news events there is a 75% chance of this. We expect this to happen if the released value is > 3.2%. A price movement of 13 pips is expected.

Historical events that allowed us to draw this conclusion

19 Sep 23:30
18 Aug 23:30
23 Jun 23:30
21 Apr 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”).

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Esperamos un movimiento en $21255 del S dentro de 4 después del evento publicado a las 2022-11-17 23:30.

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D’après les derniers 12 événements Taux D'Inflation (Annuel) en Japon, nous prévoyons que AUDUSD ira à la baisse plus tard dans la journée. Basé sur ces derniers événements, cela arrivera avec une probabilité de 87,5%.

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