Are you on the right side of Germany Unemployment Change news event?

Past performance is not an indicator of future results.
Based on the last 12 Unemployment Change events in Germany, we expect USDCAD to trend downwards. Based on these past events there is a 85.71% chance of this. We expect USDCAD to trend downwards for 48 hours because the released value is < -5K. A price movement of 102 pips is expected.

Historical events that allowed us to draw this conclusion

04 Jan 08:55

29 Nov 08:55

28 Sep 08:55

29 Jun 08:55

30 May 08:55

29 Mar 08:55

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

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