{"id":21807,"date":"2011-03-21T03:44:23","date_gmt":"2011-03-21T07:44:23","guid":{"rendered":"http:\/\/www.forexyard.com\/blog\/en\/?p=13683"},"modified":"2011-03-21T03:44:23","modified_gmt":"2011-03-21T07:44:23","slug":"eurcad-uptrend-might-be-near-the-end-2","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2011\/03\/21\/eurcad-uptrend-might-be-near-the-end-2\/","title":{"rendered":"EUR\/CAD Uptrend Might be Near the End"},"content":{"rendered":"<p><img decoding=\"async\" src=\"http:\/\/www.forexyard.com\/blog\/en\/wp-content\/uploads\/profile-pics\/12.jpg\" width=\"120\"  alt=\"printprofile\" \/><\/p>\n<p>The volatile of the EUR\/CAD pair continues to be affected by the volatile forex market. The last two weeks has seen a lot of bullish strength in the EUR\/CAD pair. However, as I demonstrated below, it seems that the pair\u2019s bullish run may have run out of steam, and a bearish correction could be underway soon. This might be a good opportunity for forex traders to enter the trend at a very early stage and at a great entry price.<\/p>\n<p><span id=\"more-13683\"><\/span>\u2022\tBelow is the daily chart of the EUR\/CAD currency pair. <\/p>\n<p>\u2022\tThe technical indicators that are used are the William Percent Range, Relative Strength Index (RSI), and Slow Stochastic.<\/p>\n<p>\u2022\tPoint 1: The Slow Stochastic indicates a bearish cross, signaling that the next move may be in a downward direction.<\/p>\n<p>\u2022\tPoint 2: The Relative Strength Index (RSI) indicates that the price of this cross currently floats in the overbought territory, signaling downward pressure.<\/p>\n<p>\u2022\tPoint 3: The Williams Percent Range signals further bearishness for the pair, which in turn indicates further downward pressure to occur anytime soon.<\/p>\n<p>EUR\/CAD Daily Chart<br \/>\n<img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.forexyard.com\/blog\/en\/wp-content\/uploads\/2011\/03\/EUR-CAD-21-3-2011.JPG\" alt=\"EUR-CAD 21-3-2011\" width=\"601\" height=\"649\" class=\"alignnone size-full wp-image-13684\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p> The volatile of the EUR\/CAD pair continues to be affected by the volatile forex market. The last two weeks has seen a lot of bullish strength in the EUR\/CAD pair. However, as I demonstrated below, it seems that the pair\u2019s bullish run may have run ou&#8230;<\/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-21807","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/21807","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=21807"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/21807\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=21807"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=21807"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=21807"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}