CAD Employment Change - 20-08-07

Date Friday 7th August 2020
Time 12:30

CAD Employment Change is released just prior to the US session. We trade the headline component and we add CAD Unemployment Rate as a conflict. We are using much wider triggers than normal due to the current macro economic situation.

We expect a spike of 30 pips if a trade is triggered.

What happened last time?

CAD Employment Change – 20-07-10
Time 12:30
Forecast 700.0
Actual 952.9
Deviation +252.9
One minute spike 21 pips

How we setup

Main Event CAD Employment Change
Market EUR/CAD
Deviation +/-300
Prior 952.9
Forecast 400.0
Triggers Buy <100
Sell >700
Conflict 1 CAD Unemployment Rate
Prior 12.3
Forecast 11.0
Triggers Buy >11
Sell <11

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