Canadian GDP (M/M)

Fx News Spike Signals by Crazy Cat, 2018/01/31

Release Time: 08:30 New York time (EST)
Primary currency pair: USD/CAD
Forecast: 0.4
Prior: 0.0
LT1 (Lower Trigger 1): -0.1 [BUY]
UT1 (Upper Trigger 1): +0.2 [SELL]

If it comes at 0.3 or less ( -0.1 trigger), USD/CAD should go up by about 35 pips. If it comes out at 0.6 or better ( +0.2 trigger), USD/CAD should go down by about 40 pips.

Based on 16 estimates, median estimate is 0.4%, and the average estimate is 0.43%. The highest estimate is 0.6% (one estimate), then 0.5% (five votes), then 0.4% (seven estimates), and the lowest estimate is 0.3% (three estimates). One standard deviation is +/- 0.08%, higher than last month.

Please notice that for the best results it is highly recommended to visit our Forex economic calendar to check how this report performed in the past. For your convenience, the direct link to the history and charts is at the end of this post.

Forex news history and charts

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