6 May 2015
CAD and crosses in a technical snapshot - TDS
FXStreet (Guatemala) - Analysts at TD Securities offered the Canadian dollar and crosses in a technical snapshot.
Key Quotes:
"USD/CAD pressures support in the mid/upper 1.19s – "make or break" for the recent stabilization in funds perhaps this week."
"EUR/CAD retains a better bid tone – we target a push up to 1.38."
"AUD/CAD remains choppy but; sustained gains through 0.9600/50 are positive."
"GBP/CAD holds – just about – support in the low 1.82 area; we remain constructive from a longer-term point of view."
"CAD/JPY continues to grind higher."
"NZD/CAD losses extend, developing the broader, bearish outlook."
Key Quotes:
"USD/CAD pressures support in the mid/upper 1.19s – "make or break" for the recent stabilization in funds perhaps this week."
"EUR/CAD retains a better bid tone – we target a push up to 1.38."
"AUD/CAD remains choppy but; sustained gains through 0.9600/50 are positive."
"GBP/CAD holds – just about – support in the low 1.82 area; we remain constructive from a longer-term point of view."
"CAD/JPY continues to grind higher."
"NZD/CAD losses extend, developing the broader, bearish outlook."