Canadian Retail Sales (M/M)

Fx News Spike Signals by Crazy Cat, 2020/04/21

Release Time: 08:30 New York time (EST)
Primary currency pair: USD/CAD, EUR/CAD
Forecast: 0.3
Prior: 0.4
LT1 (Lower Trigger 1): --- [BUY]
UT1 (Upper Trigger 1): +++ [SELL]
Safety: 3

Be careful trading anything within the next few days or even weeks as the market is very focused on the virus and its economic impact. For that reason, this report may or may not work.

Note that this report, while being released in April, is really for February - and a lot of things have changes since then. So I don't think it's relevant that much now.

NOTICE: This report works much faster on SNW Enterprise by about 400-550 ms. SNW Elite or Pro users should consider skipping this report. Please notice that triggers are provided for the headline number, NOT the Core. Consider multi-report conflict resolution mode between the headline and the core numbers.

There are 16 estimates for Canadian Retail Sales. The median estimate is 0.3% and the average estimate is 0.29%. The highest estimate is +0.6% (two votes), and then 0.5% (two votes), then 0.4% (two votes), 0.3% (two estimates), 0.2% (six estimates), 0.0% (one vote), and then finally -0.2% (one estimate). One standard deviation is +/- 0.20%.

Please keep in mind that SNW Enterprise is MUCH faster than SNW Elite or Pro for Canadian reports. It's not recommended to trade this report with SNW Elite or SNW Pro.

To prepare yourself for this report, I recommend you to visit Forex economic calendar to browse historic charts. This would assist you in making your decision if you want to trade this report.

Forex news history and charts

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