Want to know why USDCAD is going downwards for the next 12 hours?

Past performance is not an indicator of future results.
Based on the last 12 Westpac Consumer Confidence Index events in Australia, we expect a $52.942 movement on USDCAD within the next 12 hours. We expect USDCAD to trend downwards for the next 12 hours because the released value is > 99.2

Historical events that allowed us to draw this conclusion

11 Dec 23:30

11 Jul 01:30

13 Jun 01:30

14 Mar 00:30

13 Feb 23:45

17 Jan 23:30

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

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