{"id":12351,"date":"2010-08-24T09:00:18","date_gmt":"2010-08-24T13:00:18","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=12351"},"modified":"2010-08-24T09:00:18","modified_gmt":"2010-08-24T13:00:18","slug":"buy-signals-on-cadchf","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2010\/08\/24\/buy-signals-on-cadchf\/","title":{"rendered":"Buy Signals on CAD\/CHF"},"content":{"rendered":"<p><strong>By Anton Eljwizat<\/strong> &#8211; The CAD has dropped significantly versus the CHF in the past several  days, but few traders are concerned since many indicators are pointing  toward an impending correction. As can be seen below, the daily chart is  giving bullish signals, indicating that <a href=\"http:\/\/www.forexyard.com\/en\/trading\">CAD\/CHF <\/a>pair  might go up. Forex traders can take advantage of this impending  movement by having their Entry Orders in place to capture this reversal.<\/p>\n<p>\u2022\tBelow is the daily chart of the <a href=\"http:\/\/www.forexyard.com\/en\/trading\">CAD\/CHF <\/a>currency pair.<\/p>\n<p>\u2022\tThe technical indicators that are used are the William Percent Range, <a href=\"http:\/\/www.forexyard.com\/en\/relative-strength-index-rsi\">Relative Strength Index (RSI)<\/a>, and <a href=\"http:\/\/www.forexyard.com\/en\/stochastic\">Slow Stochastic<\/a>.<\/p>\n<p>\u2022\tPoint 1: the <a href=\"http:\/\/www.forexyard.com\/en\/stochastic\">Stochastic (slow)<\/a> on this chart appears to be providing us with an impending bullish  cross, indicating that the next major movement may be in an upward  direction.<\/p>\n<p>\u2022\tPoint 2: The <a href=\"http:\/\/www.forexyard.com\/en\/relative-strength-index-rsi\">Relative Strength Index (RSI)<\/a> indicates that the price of this cross currently floats in the oversold territory, signaling upward pressure.<\/p>\n<p>\u2022\tPoint 3: the Williams Percent Range has the price indicator near  the -100 mark, indicating the price is over-sold and should see some  upward pressure.<\/p>\n<p>CAD\/CHF Daily Chart<\/p>\n<p><a href=\"http:\/\/www.forexyard.com\/blog\/en\/wp-content\/uploads\/2010\/08\/CAD-CHF-24-8-2010.JPG\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone\" src=\"http:\/\/www.forexyard.com\/blog\/en\/wp-content\/uploads\/2010\/08\/CAD-CHF-24-8-2010.JPG\" alt=\"\" width=\"447\" height=\"640\" \/><\/a><\/p>\n<p><em><strong>Forex <\/strong><strong>Market Analysis provided by <a href=\"http:\/\/www.forexyard.com\/?zone_id=1398\" target=\"_blank\">ForexYard.<\/a><\/strong><\/em><\/p>\n<p>\u00a9 2006 by FxYard Ltd<\/p>\n<p>Disclaimer: Trading Foreign Exchange carries a high level of risk and                                                   may not be suitable  for     all            investors.       There    is  a                 possibility           that             you   could       sustain a  loss      of  all     of       your                 investment and               therefore  you             should   not       invest        money   that     you              cannot    afford to            lose. You            should    be       aware  of        all       the     risks            associated     with       Foreign          Exchange         trading.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Anton Eljwizat &#8211; The CAD has dropped significantly versus the CHF in the past several days, but few traders are concerned since many indicators are pointing toward an impending correction. As can be seen below, the daily chart is giving bullish signals, indicating that CAD\/CHF pair might go up. Forex traders can take advantage &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/fx\/2010\/08\/24\/buy-signals-on-cadchf\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Buy Signals on CAD\/CHF&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-12351","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/12351","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/comments?post=12351"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/12351\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=12351"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=12351"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=12351"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}