3 Dec 2014
CAD and crosses in a technical snapshot - TDS
FXStreet (Guatemala) - Analysts at TD Securities offered a technical snap-shot of the Canadian dollar and crosses.
Key Quotes:
“USD/CAD trades a little soft on the short-term charts but the broader trend remains bullish”.
“EUR/CAD dips under 1.40 again; trend remains weak, but choppy”.
“AUD/CAD near support at 0.9550 but broader risks are geared lower”.
“GBP/CAD remains range bound”.
“CAD/JPY is well-established above 103.75 support; we look for quick-ish progress towards 106/107”.
Key Quotes:
“USD/CAD trades a little soft on the short-term charts but the broader trend remains bullish”.
“EUR/CAD dips under 1.40 again; trend remains weak, but choppy”.
“AUD/CAD near support at 0.9550 but broader risks are geared lower”.
“GBP/CAD remains range bound”.
“CAD/JPY is well-established above 103.75 support; we look for quick-ish progress towards 106/107”.