United States Balance of Trade News Event – a $189.682 opportunity on USDCAD

Past performance is not an indicator of future results.
We expect a $189.682 movement on USDCAD within the next 4 hours. We expect USDCAD to trend upwards 4 hours following the Balance of Trade events in United States release because the released value is > $-54B. A price movement of 25 pips is expected.

Historical events that allowed us to draw this conclusion

05 Oct 13:30

05 Sep 13:30

06 Jun 13:30

03 May 13:30

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

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