{"id":19138,"date":"2011-02-07T08:15:54","date_gmt":"2011-02-07T13:15:54","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=19138"},"modified":"2011-02-07T08:15:54","modified_gmt":"2011-02-07T13:15:54","slug":"eurcad-technical-update","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2011\/02\/07\/eurcad-technical-update\/","title":{"rendered":"EUR\/CAD- Technical Update"},"content":{"rendered":"<p><strong>By Anton Eljwizat<\/strong><\/p>\n<p>The  EUR has dropped significantly versus the CAD in the last week, and it  is currently traded around 1.3440. And now as evident in the data, the  8-hour chart is giving bullish signals, indicating that <a href=\"http:\/\/www.forexyard.com\/en\/trading\/eur-cad\">EUR\/CAD <\/a>pair might go up, as a bullish cross has taken place on the <a href=\"http:\/\/www.forexyard.com\/en\/stochastic\">Slow Stochastic <\/a>and  the cross may raise another 50-100 pips in the coming 2 days. Traders  are strongly advised to take advantage of the trend at an early stage.  Therefore, why not open long positions at an excellent price?<\/p>\n<p>\u2022 The next resistance levels are found at the 1.3470, 1.3500 and 1.3530 levels.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.forexyard.com\/blog\/en\/wp-content\/uploads\/2011\/02\/EUR-CAD-7-1-2011.JPG\" alt=\"EUR-CAD 7-1-2011\" width=\"540\" height=\"650\" \/><\/p>\n<p><em><strong><a href=\"http:\/\/www.forexyard.com\/?zone_id=1398\" target=\"_blank\">Forex Market Analysis provided by ForexYard. <\/a><\/strong><\/em><em><strong><a href=\"http:\/\/www.forexyard.com\/?zone_id=1398\" target=\"_blank\"><br \/>\n<\/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>The EUR has dropped significantly versus the CAD in the last week, and it is currently traded around 1.3440. And now as evident in the data, the 8-hour chart is giving bullish signals, indicating that EUR\/CAD pair might go up..<\/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-19138","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/19138","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=19138"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/19138\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=19138"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=19138"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=19138"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}