TradersNews 83.33% probability that USDCAD will trend up on Wednesday 05 Feb at 01:15 PM GMT if the US ADP Employment Change number is greater than 156K.

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This Wednesday 05 Feb at 01:15 PM GMT the latest US ADP Employment Change number will be released.
If the number is greater than than economists’ consensus there is a 83.33% probability that USDCAD will trend up following the news event.

This probability is based on the last 12 US ADP Employment Change events, in which 5 of the last 6 events where the actual number was greater than than the economist consensus resulted in an up trend of USDCAD.

Here are images of the past events:

Wednesday 08 Jan at 01:15 PM GMT:

Wednesday 30 Oct at 12:15 PM GMT:

Thursday 05 Sep at 12:15 PM GMT:

Wednesday 31 Jul at 12:15 PM GMT:

Wednesday 01 May at 12:15 PM GMT:

Disclaimer: Past performance may not be indicative of future performance