Are you on the right side of Canada BoC Interest Rate Decision news event?

Past performance is not an indicator of future results.
Based on the last 12 BoC Interest Rate Decision events in Canada, we expect EURUSD to trend downwards. Based on these past events there is a 72.73% chance of this. We expect EURUSD to trend downwards for 48 hours because the released value is = 1.75%. A price movement of 82 pips is expected.

Historical events that allowed us to draw this conclusion

09 Jan 15:00
24 Oct 15:00
05 Sep 15:00
11 Jul 15:00
18 Apr 15:00
07 Mar 15:00
06 Dec 15:00
25 Oct 15:00

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

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