25 Jun 2015
Canadian dollar in a technical snapshot - TDS
FXStreet (Guatemala) - Analysts at TD Securities explained the Canadian dollar and crosses in a technical snapshot.
Key Quotes:
"USD/CAD trades in choppy fashion but should be supported in the low 1.23s now.
EUR/CAD holds key support, still oriented higher but dangers lurk in longer term chart.
AUD/CAD tests the upper end of the short-tern trading range.
GBP/CAD consolidates just below recent highs.
CAD/JPY moves sideways but modest downside risks remain.
NZD/CAD's minor bounce is running out of steam."
Key Quotes:
"USD/CAD trades in choppy fashion but should be supported in the low 1.23s now.
EUR/CAD holds key support, still oriented higher but dangers lurk in longer term chart.
AUD/CAD tests the upper end of the short-tern trading range.
GBP/CAD consolidates just below recent highs.
CAD/JPY moves sideways but modest downside risks remain.
NZD/CAD's minor bounce is running out of steam."