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22 Jun 2015
USD/CAD bullish: Canadian dollar in a technical snapshot - TDS
FXStreet (Guatemala) - Analysts at TD Securities explained the Canadian dollar's technical outlook in a snapshot across the crosses.
Key Quotes:
"USD/CAD looks constructive on short-term charts and should push to the mid/upper 1.23s."
"EUR/CAD remains range bound; above 1.38 favours gains."
"AUD/CAD consolidates."
"GBP/CAD capped in the mid 1.95s again."
"CADJPY rally stalls, downside at risk below 100.00/10."
"NZD/CAD rebounds from new cycle low; upside potential remains very limited at present, however."
Key Quotes:
"USD/CAD looks constructive on short-term charts and should push to the mid/upper 1.23s."
"EUR/CAD remains range bound; above 1.38 favours gains."
"AUD/CAD consolidates."
"GBP/CAD capped in the mid 1.95s again."
"CADJPY rally stalls, downside at risk below 100.00/10."
"NZD/CAD rebounds from new cycle low; upside potential remains very limited at present, however."