Trade with an edge around todays United States ISM Manufacturing PMI news event

La performance passata non è un indicatore delle performance future.
Based on past United States ISM Manufacturing PMI news events there is a 66.67% chance of USDCAD trending upwards. We expect this to happen because the released value is > 54.2. A price movement of 110 pips is expected.

Historical events that allowed us to draw this conclusion

03 Dec 15:00
01 Jun 15:00
01 Mar 15:00
01 Feb 15:00

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

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