Fx News Spike Signals by Crazy Cat, 2019/11/29
Release Time: 08:30 New York time (EST)
Primary currency pair: USD/CAD
Forecast: 0.1
Prior: 0.1
LT1 (Lower Trigger 1): -0.2 [BUY]
UT1 (Upper Trigger 1): +0.2 [SELL]
Safety: 1
NOTICE: Typically Canadian reports are released much earlier on SNW Enterprise than on SNW Elite or Pro. The time difference can be somewhere between 300 ms to over 1 sec (1000 ms). For that reason, I don't recommend trading this report if you are not SNW Enterprise subscriber.
If it comes at -0.1 or less ( -0.2 trigger), USD/CAD should go up by about 30 pips. If it comes out at +0.3 or better ( +0.2 trigger), USD/CAD should go down by about 30 pips.
Based on 19 estimates, the median estimate is 0.1%, and the average estimate is 0.10%. The highest estimate is 0.3% (one vote), then 0.2% (five votes), 0.1% (seven votes), 0.0% (five votes) and then the lowest estimate is -0.2% (one estimate). One standard deviation is +/- 0.11%, about the same as last month.
This month we will also have CA GDP Annualized (Q/Q) so watch out for possible conflicts there.
For the best results, please visit our Forex economic calendar with historic charts to check how it performed in the past.
Forex news history and charts
Go back to the Forex Market News listing