Want to know why USDCAD is going downwards for the next 12 hours?

Based on the last 12 Continuing Jobless Claims events in United States, we expect a $807.243 movement on USDCAD within the next 12 hours. We expect USDCAD to trend downwards for the next 12 hours because the released value is > 20000K

Historical events that allowed us to draw this conclusion

04 Jun 22:30
07 May 22:30
26 Mar 23:30

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