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."

EUR/JPY caught between USD strength; capped before 134.00

EUR/JPY is currently trading at 135.67 with a high of 135.97 and a low of 133.93.
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Expect PBoC to stabilize USD/CNY fix in the 6.11-6.16 range - ING

Tim Condon of ING, expects PBoC to stabilize the USD/CNY fixing rate in the 6.11-6.16 range, and further gives the year end forecast for spot USD/CNY.
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