Based on the last 12 Continuing Jobless Claims events in United States, USDCAD could experience an upwards trend. Based on these past events there is a 66.67% chance of this, and the trend could last 2 hours because the released value is > 1305K.

Historical events that allowed us to draw this conclusion

28 Apr 22:30

07 Apr 22:30

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