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 17.5k
Unemployment Rate 7.5%
ACTION: EURCAD SELL 50K / BUY USDCAD -5K
Large Portion
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 -18.6K
Unemployment Rate 7.4%
ACTION: EURCAD SELL 45K / BUY USDCAD -10K
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 25K, or the difference between the Forecast number (18K) 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 -10K 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) CAD Employment Change Forecast 18K Previous -54.0K
Unemployment Rate 7.3%
ACTION: USDCAD SELL 45K / BUY -10K
We´ll be getting the Canadian Employment Change release number tomorrow, here is the forecast:
7:00am (NY Time) CAD Employment Change Forecast 16K Previous 60.9K
Unemployment Rate 7.2%
ACTION: USDCAD SELL 40.0K / BUY -10K
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
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
We´ll be getting the Retail Sales figure out of New Zealand today, since Retail Sales is a direct reflection of the economy, this release is considered as an high impact release… Here´s the forecast:
6:45pm (NY Time) NZ Retail Sales Forecast 0.7% Previous 0.7%
ACTION: NZD/USD BUY 1.2% SELL 0.2%
