66.67% probability that USDCAD may trend downwards

Based on the last 12 Continuing Jobless Claims events in United States, we expect a $984 movement on USDCAD within 12 hours following the event release at 2022-11-03 23:30. We expect USDCAD to trend downwards 12 hours following the event release at 2022-11-03 23:30 if the released value is > 1450K

Historical events that allowed us to draw this conclusion

27 Oct 23:30
13 Oct 23:30
08 Sep 22:30
11 Aug 22:30

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