17 Feb 2015
CAD and crosses in a technical snapshot - TDS
FXStreet (Guatemala) - Analysts at TD Securities gave a technical snapshot of the CAD and crosses.
Key Quotes:
"USD/CAD support in the mid/upper 1.23 area holds but the near-term, technical undertone remains soft."
"EUR/CAD eases lower, still in a range."
"AUD/CAD holds 40-day MA but lower levels beckon."
"GBP/CAD retests consolidation break out; broader technical tone remains positive."
"CAD/JPY recovery extends."
Key Quotes:
"USD/CAD support in the mid/upper 1.23 area holds but the near-term, technical undertone remains soft."
"EUR/CAD eases lower, still in a range."
"AUD/CAD holds 40-day MA but lower levels beckon."
"GBP/CAD retests consolidation break out; broader technical tone remains positive."
"CAD/JPY recovery extends."