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We expect ZR to trend upwards today with a 80% chance.

We expect ZR to trend upwards later today. Based on these past Canada Unemployment Rate news events there is a 80% chance of this. We expect this to happen if the released value is < 5.7%. A price movement of 20 pips is expected. Historical events that allowed us to draw this conclusion

07 Jun 12:30
10 May 12:30
04 Jan 13:30
07 Dec 13:30
02 Nov 12:30

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

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We expect EURUSD to trend downwards today with a 83.33% chance.

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We expect a $390 movement on NZDUSD within 2 hours following the release of Employment Change.

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