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2 Sep 2014
CAD crosses in a technical snap shot - TDS
FXStreet (Guatemala) - Analysts at TD Securities explained the technical conditions surrounding the CAD and popular CAD crosses.
Key Quotes:
“USD/CAD's wide swings over the past few days leaves the market searching for direction between 1.08/1.10 near-term”.
“EUR/CAD moves modestly firmer from retracement support but gains should remain limited”.
“AUD/CAD remains soft, just above key support”.
“GBP/CAD steadies near range base”.
“CAD/JPY pushes resistance at 96.20/25; new highs and a firm underlying trend put 98/100 range on the radar”.
Key Quotes:
“USD/CAD's wide swings over the past few days leaves the market searching for direction between 1.08/1.10 near-term”.
“EUR/CAD moves modestly firmer from retracement support but gains should remain limited”.
“AUD/CAD remains soft, just above key support”.
“GBP/CAD steadies near range base”.
“CAD/JPY pushes resistance at 96.20/25; new highs and a firm underlying trend put 98/100 range on the radar”.