CAD Employment Change - 20-10-09

Date Friday 9th October 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 – 20-09-04
Time 12:30
Forecast 275
Actual 245.8
Deviation -29.2
One minute spike 16 pips

How we setup

Main Event CAD Employment Change
Market USD/CAD
Deviation +/-100
Prior 245.8
Forecast 156.6
Triggers Buy <56.6
Sell >256.6
Conflict 1 CAD Unemployment Rate
Prior 10.2
Forecast 9.7
Triggers Buy >9.7
Sell <9.7

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