CAD Employment Change - 20-09-04

Date Friday 4th September 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 – 20-08-07
Time 12:30
Forecast 400.0
Actual 418.5
Deviation +18.5
One minute spike 24 pips

How we setup

Main Event CAD Employment Change
Market EUR/CAD
Deviation +/-100
Prior 418.5
Forecast 275
Triggers Buy <176
Sell >374
Conflict 1 CAD Unemployment Rate
Prior 10.9
Forecast 10.1
Triggers Buy >10.1
Sell <10.1

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