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3 Feb 2015
Candian dollar and crosses in a technical analyses - TDS
FXStreet (Guatemala) - Analysts at TD Securities gave a technical analyses in a snapshot of the Canadian dollar and crosses.
Key Quotes:
"USD/CAD pressures support in the upper 1.24s; soft undertone persists in short-term charts."
"EUR/CAD remains range-bound."
"AUD/CAD pressures support in the mid 0.96 area – drop back to 0.94 on the cards."
"GBP/CAD eases back but broader bull break out remains intact."
"CAD/JPY catches a bid; bull reversal and trend break point to a corrective bounce."
Key Quotes:
"USD/CAD pressures support in the upper 1.24s; soft undertone persists in short-term charts."
"EUR/CAD remains range-bound."
"AUD/CAD pressures support in the mid 0.96 area – drop back to 0.94 on the cards."
"GBP/CAD eases back but broader bull break out remains intact."
"CAD/JPY catches a bid; bull reversal and trend break point to a corrective bounce."