USDCAD will trend upwards right now

Past performance is not an indicator of future results.
We expect USDCAD to trend upwards for the next 12 hours. Based on these past United States Continuing Jobless Claims news events there is a 66.67% chance of this. We expect this to happen because the released value is < 1775K. A price movement of 38 pips is expected.

Historical events that allowed us to draw this conclusion

07 Mar 13:30
21 Feb 13:30
14 Feb 13:30
07 Feb 13:30

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

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