Usd Egp Trading the ca employment change release, may 6, 2016 _ investing. com 1 usd to thb

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Usd Egp Trading the ca employment change release, may 6, 2016 _ investing. com 1 usd to thb

We´ll be getting the Canadian Employment Change release figure Friday but since it’s scheduled at the same time with the U. Conversion Euro To Usd S. Bcd To Binary Conversion Nonfarm Payroll, any conflict with this release will make the market unpredictable.

8:30am (NY Time) CAD Employment Change Forecast 0.0K Previous 40.6K

8:30am (NY time) CAD Unemployment Rate Forecast 7.2% Previous 7.1%

DEVIATION: 25K (BUY CAD @ 25.0K / SELL CAD @ -25.0K)

The Trade Plan

The Canadian Employment Change report will be released at 8:30am sharp Friday. Usd Rupee Exchange Rate What I am looking for is a minimum deviation of around 25K, or the difference between the Forecast


number (0.0K) versus the actual release number; if we get a positive 25.0K of release, we should see demand for the CAD rise, therefore we should BUY CAD against weaker currencies at the time; however, if we get a negative deviation, such as -25.0K or worse, we should see some weakness in the CAD, and that will be my cue to SELL CAD against stronger currencies at the time.

Usd Egp Trading the ca employment change release, may 6, 2016 _ investing. com 1 usd to thb

I´ll also pay close attention to the unemployment rate, which is expected at 7.2%. As long as this number does not conflict with the Employment Changes, we should follow the direction of the news release. If we get a conflict, such as better Employment Changes but higher Unemployment Rate, then we´ll need to look at the context of the market before taking the trade.

I´ll be looking to trade this release using my after-news Retracement Method.

Euro Usd Chart Saf-holland s. a._ improves operational earnings in the first quarter of 2016 in a challenging market environment – yahoo finance uk 1 usd to czk

I’d recommend to use the Recommended Pairs from above as they are based on my CSM, which should provide the best combination of currency pairs to trade based on better/worse news… of course, you can also trade the default pair: USD/CAD.

Local Binary Patterns Canadian dollar strength endures _ investing. com can to usd

Outlook Score Outlook score is derived from market sentiment, focus, and economic indicators for the currency. It represents the long-term trend of the currency and its market perception. In short, a strong Outlook Score means more long-term demand for the currency, and a weak Outlook Score is the opposite.

DEFINITION: Measures the change in number of employed people during the previous month. A rising trend has a positive effect on the nation´s currency. Job creation is an important indicator of economic health because consumer spending, which is highly correlated with labor conditions, makes up a large portion of GDP. This report is the first of the month that relates to labor conditions, making it susceptible to big surprises.

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Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn’t bear any responsibility for any trading losses you might incur as a result of using this data.

Usd Egp Trading the ca employment change release, may 6, 2016 _ investing. com 1 usd to thb

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