DELKOS BREAKING NEWS: 80% probability that USDCAD will trend down for the next few hours.

The latest US Existing Home Sales number has been released as 5.8M.
There is a 80% probability that USDCAD will trend down for the next few hours.

This probability is based on the last 12 US Existing Home Sales events, in which 4 of the last 5 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:

Friday 19 Feb at 03:00 PM GMT:

Thursday 19 Nov at 03:00 PM GMT:

Thursday 22 Oct at 02:00 PM GMT:

Friday 21 Aug at 02:00 PM GMT:

Disclaimer: Past performance may not be indicative of future performance