3 Sep 2014
CAD’s technical outlook and crosses – TDS
FXStreet (Guatemala) - Analysts at TD Securities gave us a snap shot of the technical out look for CAD and crosses.
Key Quotes:
“USD/CAD charts throw up some mixed, short-term signals; a broader 1.08/1.10 range seems likely to continue playing out for now”.
“EUR/CAD's slide steadies but scope for gains remains limited”.
“AUD/CAD reverts to comfortable range trading”.
“GBP/CAD retains a soft tone and pressures support in the upper 1.79s”.
CAD/JPY rally steadies near the July peak but the underlying trend remains bullish”.
Key Quotes:
“USD/CAD charts throw up some mixed, short-term signals; a broader 1.08/1.10 range seems likely to continue playing out for now”.
“EUR/CAD's slide steadies but scope for gains remains limited”.
“AUD/CAD reverts to comfortable range trading”.
“GBP/CAD retains a soft tone and pressures support in the upper 1.79s”.
CAD/JPY rally steadies near the July peak but the underlying trend remains bullish”.