7 Aug 2013
Flash: CAD Technical Outlook –TD Securities
FXstreet.com (Barcelona) - Research teams at TD Securities offer their analyses on CAD.
Key Quotes:
“USD/CAD recovery stalls in the mid 1.04 area today but broader signals are very constructive and we look for the USD bull trend to get back on track quickly”.
“Modest USD/CAD dips are a buy”.
“EUR/CAD pushes through 1.38”.
“AUD/CAD stabilizes but weak trend shows no sign of reversing”.
“GBP/CAD spikes towards the upper end of the broader trading range”.
“CAD/JPY downtrend pick up momentum again”.
Key Quotes:
“USD/CAD recovery stalls in the mid 1.04 area today but broader signals are very constructive and we look for the USD bull trend to get back on track quickly”.
“Modest USD/CAD dips are a buy”.
“EUR/CAD pushes through 1.38”.
“AUD/CAD stabilizes but weak trend shows no sign of reversing”.
“GBP/CAD spikes towards the upper end of the broader trading range”.
“CAD/JPY downtrend pick up momentum again”.