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12 Mar 2015
CAD and crosses in a technical snapshot - TDS
FXStreet (Guatemala) - Analysts at TD Securities gave the Canadian dollar and crosses in a technical snapshot.
Key Quotes:
"USD/CAD capped at 1.28 again, needs to recover quickly or the risk of further slippage will grow."
"EUR/CAD sell-off stalls around 1.3450 long-term support; rebounds should be shallow and short-lived from here."
"AUD/CAD pops back to test 0.98 again."
"There's a lot going on in GBP/CAD today – none of it its good for the GBP."
"CAD/JPY steadies but technical risks are geared towards a test of the 94 area."
Key Quotes:
"USD/CAD capped at 1.28 again, needs to recover quickly or the risk of further slippage will grow."
"EUR/CAD sell-off stalls around 1.3450 long-term support; rebounds should be shallow and short-lived from here."
"AUD/CAD pops back to test 0.98 again."
"There's a lot going on in GBP/CAD today – none of it its good for the GBP."
"CAD/JPY steadies but technical risks are geared towards a test of the 94 area."