{"id":598,"date":"2014-05-08T03:34:07","date_gmt":"2014-05-08T03:34:07","guid":{"rendered":"http:\/\/www.forexearlywarning.com\/blog\/?p=598"},"modified":"2020-08-07T02:12:16","modified_gmt":"2020-08-07T02:12:16","slug":"forex-chart-analysis-usdcad-572014","status":"publish","type":"post","link":"https:\/\/www.forexearlywarning.com\/blog\/2014\/05\/08\/forex-chart-analysis-usdcad-572014\/","title":{"rendered":"USD\/CAD Trend Analysis 5-7-2014"},"content":{"rendered":"<p>The USD\/CAD is forming a new trend to the downside. The W1 time frame is crossing to the downside so we expect this pair to start dropping. Below the current 1.0870 support area, noted in yellow, this pair has a lot of potential to drop. &nbsp;You can set a price alert at this price and check The Forex Heatmap\u00ae for a sell signal below that price in the main trading session. Next support level is around 1.0650. The trend analysis you see was done with exponential moving averages and <em><a href=\"https:\/\/www.forexearlywarning.com\/forex-lessons\/multiple-time-frame-analysis\">multiple time frame analysis<\/a><\/em>.<\/p>\n<div id=\"attachment_599\" style=\"width: 798px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/www.forexearlywarning.com\/blog\/wp-content\/uploads\/5-7-2014-USDCAD-W1-Time-Frame.jpg\"><img aria-describedby=\"caption-attachment-599\" decoding=\"async\" loading=\"lazy\" class=\"wp-image-599 size-full\" title=\"USD\/CAD Trend Analysis 5-7-2014\" src=\"https:\/\/www.forexearlywarning.com\/blog\/wp-content\/uploads\/5-7-2014-USDCAD-W1-Time-Frame.jpg\" alt=\"USD\/CAD Trend Analysis 5-7-2014\" width=\"788\" height=\"775\"><\/a><p id=\"caption-attachment-599\" class=\"wp-caption-text\">USD\/CAD Trend Analysis 5-7-2014<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The USD\/CAD is forming a new trend to the downside. The W1 time frame is crossing to the downside so we expect this pair to start dropping. Below the current 1.0870 support area, noted in yellow, this pair has a &hellip; <a href=\"https:\/\/www.forexearlywarning.com\/blog\/2014\/05\/08\/forex-chart-analysis-usdcad-572014\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[128],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.14 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>USD\/CAD Trend Analysis 5-7-2014 - Forex Blog<\/title>\n<meta name=\"description\" content=\"The USD\/CAD is forming a new trend to the downside. The W1 time frame is crossing to the downside so we expect this pair to start dropping. 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