Germany ZEW Economic Sentiment Index News Event – a $697.723 opportunity on USDCAD

Past performance is not an indicator of future results.
We expect a $697.723 movement on USDCAD within the next 48 hours. We expect USDCAD to trend downwards 48 hours following the ZEW Economic Sentiment Index events in Germany release because the released value is > -18.4. A price movement of 93 pips is expected.

Historical events that allowed us to draw this conclusion

11 Dec 10:00
13 Nov 10:00
11 Sep 10:00
23 Jan 10:00

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

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