Past performance is not an indicator of future results.
Based on past United States Continuing Jobless Claims news events there is a 80% chance of USDCAD trending upwards. We expect this to happen because the released value is > 1750K. A price movement of 68 pips is expected.
Historical events that allowed us to draw this conclusion
28 Feb 13:30 |
17 Jan 13:30 |
10 Jan 13:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
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