56 pip movement on USDCAD expected

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56 pip movement on USDCAD expected

Based on the last 12 Non Farm Payrolls events in United States, we expect a 56 pip movement on USDCAD within 2 hours following the event release at 05 Feb 13:30 UTC. We expect USDCAD to trend upwards 2 hours following the event release at 05 Feb 13:30 UTC if the released value is > 50K

Historical events that allowed us to draw this conclusion

07 Aug 12:30

02 Jul 12:30

05 Jun 12:30

08 May 12:30

06 Mar 13:30

07 Feb 13:30

February 5, 2021
By:Delkos Research
Category:h2_pre_event_forecast_fullarticle_DEMO
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Tags:Tags: United States Non Farm Payrolls, USDCAD

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56 pip movement on USDCAD expected

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