Trade with an edge around todays Canada Employment Change news event

Past performance is not an indicator of future results.
Based on past Canada Employment Change news events there is a 88.89% chance of USDJPY trending downwards. We expect this to happen if the released value is > 1K. A price movement of 7 pips is expected.

Historical events that allowed us to draw this conclusion

08 Mar 13:30
08 Feb 13:30
07 Dec 13:30
02 Nov 12:30
05 Oct 13:30
10 Aug 13:30
06 Jul 13:30
06 Apr 13:30

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

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