CAD GDP MoM - 20-09-30

Date Wednesday 30th September 2020
Time 12:30

CAD GDP MoM is released prior to the US session. Historically we have seen a good spike with any deviation from the forecast and follow through usually occurs quickly.

If a trade is triggered, expect a spike of 20 pips.

What happened last time?

CAD GDP MoM – 20-08-28
Time 12:30
Forecast 5.6
Actual 6.5
Deviation +0.9
One minute spike 12 pips

How we setup

Main Event CAD GDP MoM
Market USD/CAD
Deviation +/-0.5
Prior 6.5
Forecast 3.0
Triggers Buy <3.6
Sell >3.4

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