Are you on the right side of United States GDP Growth Rate QoQ 2nd Est news event?

Past performance is not an indicator of future results.
Based on the last 12 GDP Growth Rate QoQ 2nd Est events in United States, we expect USDCAD to trend downwards. Based on these past events there is a 66.67% chance of this. We expect USDCAD to trend downwards for 4 hours because the released value is > 2.4%. A price movement of 22 pips is expected.

Historical events that allowed us to draw this conclusion

29 Aug 13:30

26 May 13:30

29 Nov 13:30

26 Feb 13:30

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

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