Date | Friday 7th May 2021 |
Time | 12:30 |
CAD Employment Change is released prior to the US session. We trade the headline component and we add CAD Unemployment Rate as a conflict.
We expect a spike of 30 pips if a trade is triggered.
What happened last time?
CAD Employment Change – 21-04-09 | |
Time | 12:30 |
Forecast | 100.0 |
Actual | 303.1 |
Deviation | +203.1 |
One minute spike | 29 pips |
How we setup
Main Event | CAD Employment Change |
Market | EUR/CAD |
Deviation | +/-60 |
Prior | 303.1 |
Forecast | -175.0 |
Triggers |
Buy <-235 Sell >-115 |
Conflict 1 | CAD Unemployment Rate |
Prior | 7.5 |
Forecast | 7.8 |
Triggers |
Buy >7.8 Sell <7.8 |