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The Canada IVEY PMI will be released today. This release is considered a leading indicator that receives much attention from traders; especially when its released early in the week before the Employment report. Here’s the forecast:
10:00am (NY Time) CA IVEY PMI Forecast 58.2 Previous 57.6
ACTION: USD/CAD BUY 55.0 / SELL 61.0
We´ll be getting the Canadian Employment Change release number tomorrow, here is the forecast:
7:00am (NY Time) CAD Employment Change Forecast 24K Previous 7.1K
Unemployment Rate 7.3%
ACTION: USDCAD SELL 50.0K / BUY -1K
The Trade Plan
The Canada IVEY PMI will be released today. This release is considered a leading indicator that receives much attention from traders; especially when its released early in the week before the Employment report. Here’s the forecast:
10:00am (NY Time) CA IVEY PMI Forecast 46.7 Previous 45.4
ACTION: USD/CAD BUY 43.5 / SELL 50.0
We´ll be getting the Canadian Employment Change release number tomorrow, here is the forecast:
7:00am (NY Time) CAD Employment Change Forecast 18K Previous 28.4K
Unemployment Rate 7.4%
ACTION: USDCAD SELL 48.0K / BUY -12K
The Trade Plan
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.
The Canada IVEY PMI will be released today. This release is considered a leading indicator that receives much attention from traders; especially when its released early in the week before the Employment report. Here’s the forecast:
10:00am (NY Time) CA IVEY PMI Forecast 65.7 Previous 69.1
ACTION: USD/CAD BUY 62.0 / SELL 69.0
We’ll be getting the Canadian Employment Change release number tomorrow, here is the forecast:
7:00am (NY Time) CAD Employment Change Forecast 23K Previous 58.3K Unemployment Rate 7.6%
ACTION: USDCAD BUY -0.5K SELL 55K
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