Based on the last 12 Non Farm Payrolls events in United States, we expect USDCAD to trend upwards later today. Based on these past events there is a 66.67% chance of this. This may happen if the released value is > 400K

Historical events that allowed us to draw this conclusion

05 Feb 00:30	05 Nov 23:30
06 Aug 22:30	02 Apr 23:30

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