DELKOS BREAKING NEWS: 75% probability that USDCAD will trend down for the next few hours.

The latest US Durable Goods Orders MoM number has been released as 15.8%.
There is a 75% probability that USDCAD will trend down for the next few hours.

This probability is based on the last 12 US Durable Goods Orders MoM events, in which 6 of the last 8 events where the actual number was greater than than the economist consensus resulted in an down trend of USDCAD.

Here are images of the past events:

Thursday 28 May at 12:30 PM GMT:

Wednesday 25 Mar at 12:30 PM GMT:

Thursday 27 Feb at 01:30 PM GMT:

Tuesday 28 Jan at 01:30 PM GMT:

Friday 27 Sep at 12:30 PM GMT:

Monday 26 Aug at 12:30 PM GMT:

Disclaimer: Past performance may not be indicative of future performance