USDCAD will trend downwards right now

Past performance is not an indicator of future results.
We expect USDCAD to trend downwards for the next 48 hours. Based on these past United States Adp Employment Change news events there is a 80% chance of this. We expect this to happen because the released value is < 170K. A price movement of 42 pips is expected.

Historical events that allowed us to draw this conclusion

06 Dec 13:15

05 Jul 13:15

30 May 13:15

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

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