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29 Sep 2014
CAD and crosses technical eye – TDS
FXStreet (Guatemala) - Analyst at TD securities gave us a snap shot at the CAD from a technical perspective and in the crosses also.
Key Quotes:
“USD/CAD trades heavily on the short-term charts, testing support at 1.1150”.
“EUR/CAD consolidates recent losses but should extend towards 1.35/1.38 in the weeks ahead”.
“AUD/CAD pushes below m/t support at 0.9770; we continue to target 0.94/0.96”.
“GBP/CAD's recovery should extend”.
“CADJPY stages a trend reversal and puts pressure on support at 97.70”.
Key Quotes:
“USD/CAD trades heavily on the short-term charts, testing support at 1.1150”.
“EUR/CAD consolidates recent losses but should extend towards 1.35/1.38 in the weeks ahead”.
“AUD/CAD pushes below m/t support at 0.9770; we continue to target 0.94/0.96”.
“GBP/CAD's recovery should extend”.
“CADJPY stages a trend reversal and puts pressure on support at 97.70”.