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11 Aug 2014
CAD and crosses technical snap shot – TDS
FXStreet (Guatemala) - Analysts at TD Securities gave us a snap shot of the CAD and it’s crosses.
Key Quotes:
“USD/CAD trades a little softer; we look for support in the low 1.09 to hold (but note that the loss of support just above the figure may prompt a drop to 1.0830)”.
“EUR/CAD consolidates and may range trade near-term but technical signals suggest risks are geared to the topside”.
“AUD/CAD pressures support just above 1.01”.
“GBP/CAD remains choppy, trades heavily again”.
“CAD/JPY rebounds should be contained, technical patterns remain negative”.
Key Quotes:
“USD/CAD trades a little softer; we look for support in the low 1.09 to hold (but note that the loss of support just above the figure may prompt a drop to 1.0830)”.
“EUR/CAD consolidates and may range trade near-term but technical signals suggest risks are geared to the topside”.
“AUD/CAD pressures support just above 1.01”.
“GBP/CAD remains choppy, trades heavily again”.
“CAD/JPY rebounds should be contained, technical patterns remain negative”.