20 Jan 2015
Canadian dollar in a technical snapshot - TDS
FXStreet (Guatemala) - Analysts at TD Securities offered analyses of the Canadian dollar in a technical snapshot.
Key Quotes:
"USD/CAD bull trend momentum picks up; look for limited downside and ongoing pressure for a push towards 1.22 near-term".
"EUR/CAD bounces short-term but broader risks are geared lower".
"AUD/CAD's recovery extends; major test looms around par."
"GBP/CAD pushes higher, nears major trend resistance."
"CAD/JPY bounce struggles to gain traction."
Key Quotes:
"USD/CAD bull trend momentum picks up; look for limited downside and ongoing pressure for a push towards 1.22 near-term".
"EUR/CAD bounces short-term but broader risks are geared lower".
"AUD/CAD's recovery extends; major test looms around par."
"GBP/CAD pushes higher, nears major trend resistance."
"CAD/JPY bounce struggles to gain traction."