12 Jan 2015
Canadian dollar crosses in a technical snapshot- TDS
FXStreet (Guatemala) - Analysts at TD Securities offered a technical snapshot at the Canadian dollar and crosses.
Key Quotes:
"USD/CAD's rally is picking up momentum again; look for limited weakness from here and target 1.21+ in the next few weeks".
"EUR/CAD remains range-bound after another rejection of levels below 1.40".
"AUD/CAD tests pivotal 0.97 area".
"GBP/CAD rebounds strongly from range support in the upper 1.78s".
"CAD/JPY losses are liable to extend below major support at 99.70/75".
Key Quotes:
"USD/CAD's rally is picking up momentum again; look for limited weakness from here and target 1.21+ in the next few weeks".
"EUR/CAD remains range-bound after another rejection of levels below 1.40".
"AUD/CAD tests pivotal 0.97 area".
"GBP/CAD rebounds strongly from range support in the upper 1.78s".
"CAD/JPY losses are liable to extend below major support at 99.70/75".