3 Oct 2014
CAD and crosses in a snapshot - TDS
FXStreet (Guatemala) - Analysts at TD Securities gave us a snap shot of the Canadian dollar and crosses.
Key Quotes:
“USD/CAD trades back towards the March peak; new cycle highs will strongly support bullish, longer-term patterns”.
“EUR/CAD retains a weak profile below short-term trend resistance at 1.4140”.
“AUD/CAD slips back again, should test 0.9710 support (and below)”.
“GBP/CAD steadies at 1.7950 but needs to trade through 1.8040 to rally near term”.
“CAD/JPY consolidate, lower levels towards 96.25 remain a prospect”.
Key Quotes:
“USD/CAD trades back towards the March peak; new cycle highs will strongly support bullish, longer-term patterns”.
“EUR/CAD retains a weak profile below short-term trend resistance at 1.4140”.
“AUD/CAD slips back again, should test 0.9710 support (and below)”.
“GBP/CAD steadies at 1.7950 but needs to trade through 1.8040 to rally near term”.
“CAD/JPY consolidate, lower levels towards 96.25 remain a prospect”.