24 Feb 2015
CAD and crosses in a technical snapshot - TDS
FXStreet (Guatemala) - Analysts at TD Securities explained the CAD and crosses in a technical snapshot.
Key Quotes:
"USD/CAD dips from 1.2660, at risk of testing 1.25 intraday."
"EUR/CAD capped around its 200-day MA."
"AUD/CAD rebound stalls around 0.98."
"GBP/CAD price action takes a short-term turn for the worse; the broader bull trend still looks solid though."
"CAD/JPY trades narrowly, downside risks remain after last week's slide."
Key Quotes:
"USD/CAD dips from 1.2660, at risk of testing 1.25 intraday."
"EUR/CAD capped around its 200-day MA."
"AUD/CAD rebound stalls around 0.98."
"GBP/CAD price action takes a short-term turn for the worse; the broader bull trend still looks solid though."
"CAD/JPY trades narrowly, downside risks remain after last week's slide."