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27 Jan 2015
Canadian dollar and crosses in a technical snapshot - FXStreet
FXStreet (Guatemala) - Analysts at TD Securities gave a technical snapshot of the Canadian dollar and crosses.
Key Quotes:
"USD/CAD turns lower from 1.25 area and may still have a little more corrective work to do in the near-term."
"EUR/CAD retains a flat trajectory near-term but is still biased lower overall."
"AUD/CAD's failure around par last week may start to weigh."
"GBP/CAD looks in good position to extend last week's gains in the medium term."
"CAD/JPY can't catch a bid."
Key Quotes:
"USD/CAD turns lower from 1.25 area and may still have a little more corrective work to do in the near-term."
"EUR/CAD retains a flat trajectory near-term but is still biased lower overall."
"AUD/CAD's failure around par last week may start to weigh."
"GBP/CAD looks in good position to extend last week's gains in the medium term."
"CAD/JPY can't catch a bid."