We´ll be getting the Canadian Employment Change release number tomorrow, here is the forecast:
7:00am (NY Time) CAD Employment Change Forecast 15K Previous -5.5K
Unemployment Rate 7.3%
ACTION: USDCAD SELL 40.0K / BUY -10K
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We’ll be getting the Canadian Employment Change release number tomorrow, here is the forecast:
7:00am (NY Time) CAD Employment Change Forecast 13K Previous 22.3K Unemployment Rate 7.4%
ACTION: USDCAD BUY 45.0K SELL -15K
The Trade Plan
The Canadian Employment Change report will be released at 7:00am sharp today. What I am looking for is a minimum deviation of around 30K, or the difference between the Forecast number (13K) versus the actual release number; if we get a positive 45K of release, we should see demand for the CAD rise, therefore we should SELL USD/CAD; however, if we get a negative deviation, such as -15K or worse, we should see some weakness in the CAD, and that will be my cue to BUY USD/CAD pair.
We’ll be getting the Canadian Employment Change release number tomorrow, here is the forecast:
7:00am (NY Time) CA Employment Change Forecast 18K Previous -1.5K
Unemployment Rate 7.7%
ACTION: USDCAD BUY -12.0K SELL 48K
The Trade Plan
The Canadian Employment Change report will be released at 7:00am sharp today. What I am looking for is a minimum deviation of around 30K, or the difference between the Forecast number (18K) versus the actual release number; if we get a positive 48K of release, we should see demand for the CAD rise, therefore we should SELL USD/CAD; however, if we get a negative number, such as -12K or worse, we should see some weakness in the CAD, and that will be my cue to BUY USD/CAD pair.
We’ll be getting the Canadian Employment Change release number tomorrow, here is the forecast:
7:00am (NY Time) CA Employment Change Forecast 28K Previous 15.1K
Unemployment Rate 7.7%
ACTION: USDCAD BUY -5K SELL 60K
The Trade Plan
Canadian Employment Change report will be release at 7:00am sharp today. What I am looking for is a minimum deviation of around 30K, or the difference between the Forecast number (28K) versus the actual release number; if we get a positive 60K of release, we should see demand for the CAD rise, therefore we should SELL USD/CAD; however, if we get a negative number, such as -5K or worse, we should see some weakness in the CAD, and that will be my cue to BUY USD/CAD pair.