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CAD and crosses technical eye – TDS

FXStreet (Guatemala) - Analyst at TD securities gave us a snap shot at the CAD from a technical perspective and in the crosses also.

Key Quotes:

USD/CAD trades heavily on the short-term charts, testing support at 1.1150”.

“EUR/CAD consolidates recent losses but should extend towards 1.35/1.38 in the weeks ahead”.

“AUD/CAD pushes below m/t support at 0.9770; we continue to target 0.94/0.96”.

“GBP/CAD's recovery should extend”.

“CADJPY stages a trend reversal and puts pressure on support at 97.70”.

USD/CAD forming a peak sub 1.12 handle

USD/CAD is trading at 1.1151, up 0.03% on the day, having posted a daily high at 1.1180 and low at 1.1130.
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