With Trading Central's "Economic Insight", investors can identify opportunities by targeting economic data and events that have high volatility impact.
We will take a closer look at how Economic Insight could help in preparing trading on the relase of Canada's employment data.
In our Economic Insight, users can customize settings by selecting date, importance and countries on the left menu:
We are looking at Canada's employment due on Friday (October 10) and users can click on those little icons to find out more information related to the data release:
The Volatility session showed that the average pips range (1 hour) for the past 12 releases is about 40 pips for USD/CAD:
In the Impact session, you can see that last time USD/CAD moved in a range of 20 pips during the hour after the data release:
Below are the other key data for the upcoming week:
Source: Trading Central Economic Insight