{"id":38854,"date":"2013-12-05T07:12:38","date_gmt":"2013-12-05T12:12:38","guid":{"rendered":"http:\/\/countingpips.com\/?p=38854"},"modified":"2013-12-05T07:12:38","modified_gmt":"2013-12-05T12:12:38","slug":"forex-usdcad-trend-takes-pause-way-1-0700","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2013\/12\/05\/forex-usdcad-trend-takes-pause-way-1-0700\/","title":{"rendered":"Forex: USDCAD Trend takes a pause on its way to 1.0700"},"content":{"rendered":"

2013.12.05 | USDCAD Market Analysis<\/b><\/p>\n

USDCAD Trends & Fibonacci Retracement Levels<\/b><\/p>\n

The USDCAD currency pair has been falling in forex market trading<\/a> today with the USDCAD registering a high of 1.06830 and touching a low of 1.06613 on the day. Trends data shows the pair is continuing to climb in a short-term uptrend with prices trading over the 21-period linear moving average. Over the longer term trend, the pair continues to be in an uptrend as seen on the daily chart by the 90-day Linear Regression Channels below. Look for the 1.0700 level to present the next obstacle to the upside with the 1.0650 level looking to provide near-term support below.<\/p>\n

\"Forex<\/a><\/p>\n

\n

USDCAD Trends Data: Linear Regression Indicator<\/b><\/p>\n

10-day current trend is BULLISH <\/b>\/ Trend strength of 197.8 pips
\n30-day current trend is BULLISH <\/b>\/ Trend strength of 230.8 pips
\n60-day current trend is BULLISH <\/b>\/ Trend strength of 343.3 pips
\n90-day current trend is BULLISH <\/b>\/ Trend strength of 168.3 pips
\n180-day current trend is BULLISH <\/b>\/ Trend strength of 328.1 pips<\/p>\n

Fibonacci Retracement Levels: Past 100 Days<\/b><\/p>\n

— 0.000 – 1.07058
\n— 0.236 – 1.05819
\n— 0.382 – 1.05053
\n— 0.500 – 1.04433
\n— 0.618 – 1.03814
\n— 0.764 – 1.03047
\n— 1.000 – 1.01808<\/p>\n

 <\/p>\n

By CountingPips.com<\/b> – Forex Trading Apps & Currency Trade Tools<\/p>\n

 <\/p>\n

Disclaimer: Foreign Currency trading and trading on margin carries a high level of risk and volatility and can result in loss of part or all of your investment. All information and opinions contained do not constitute investment advice and accuracy of prices, charts, calculations cannot be guaranteed.<\/p>\n

 <\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

2013.12.05 | USDCAD Market Analysis USDCAD Trends & Fibonacci Retracement Levels The USDCAD currency pair has been falling in forex market trading today with the USDCAD registering a high of 1.06830 and touching a low of 1.06613 on the day. Trends data shows the pair is continuing to climb in a short-term uptrend with prices … <\/p>\n

Continue reading “Forex: USDCAD Trend takes a pause on its way to 1.0700”<\/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-38854","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/38854","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=38854"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/38854\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=38854"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=38854"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=38854"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}