22 Oct 2014
CAD and crosses technical outlook – TDS
FXStreet (Barcelona) - Analysts at TD Securities explained the CAD and Canadian crosses in a snap shot.
Key Quotes:
“USD/CAD choppy but in a range; bullish on a sustained move above 1.1260 intraday, see channel support at 1.1190”.
“EUR/CAD drifts back to test break out point – now support”.
“AUD/CAD resistance in the mid 0.99 area strengthens”.
“GBP/CAD drops, stays choppy”.
“CAD/JPY probes band of resistance at 95.50/96.20”.
Key Quotes:
“USD/CAD choppy but in a range; bullish on a sustained move above 1.1260 intraday, see channel support at 1.1190”.
“EUR/CAD drifts back to test break out point – now support”.
“AUD/CAD resistance in the mid 0.99 area strengthens”.
“GBP/CAD drops, stays choppy”.
“CAD/JPY probes band of resistance at 95.50/96.20”.