10 Mar 2015
CAD and cross in a snapshot - TDS
FXStreet (Guatemala) - Analysts at TD Securities gave a technical snapshot of the CAD and crosses.
Key Quotes:
"USD/CAD retains a positive technical undertone but seems to be making hard work of progressing."
"EUR/CAD weakness extends towards the upper end of our bear target zone; more losses lie ahead."
"AUD/CAD slips, likely to test 0.96."
"GBP/CAD finds support against the 40-day MA near-term but may continue to correct lower."
"CAD/JPY is trapped between support at 95.50 and resistance at 96.50."
Key Quotes:
"USD/CAD retains a positive technical undertone but seems to be making hard work of progressing."
"EUR/CAD weakness extends towards the upper end of our bear target zone; more losses lie ahead."
"AUD/CAD slips, likely to test 0.96."
"GBP/CAD finds support against the 40-day MA near-term but may continue to correct lower."
"CAD/JPY is trapped between support at 95.50 and resistance at 96.50."