CAD and crosses technical snap shot – TDS

FXStreet (Barcelona) - Analysts at TD Securities explained the conditions surrounding the Canadian dollar and crosses in a technical snapshot.

Key Quotes:

“USD/CAD hemmed into 1.12/1.13 range still”.

“EUR/CAD slips back into old bear channel, tests moving average support”.

“AUD/CAD struggles to improve as daily price signals turn negative around key resistance”.

“GBP/CAD slips, tests support and looks heavy – but still lacks momentum”.

“CAD/JPY nears strong resistance at 96.25/35”.