CAD technical outlook in a snap shot – TDS

FXStreet (Guatemala) - Analysts at TD Securities noted that the technical conditions around the Canadian Dollar and crosses.

Key Quotes:

“USD/CAD trades a little softly on the short-term charts but bigger picture technicals remain positive and near-term, weakness should remain limited”.

“EUR/CAD downside risks increase but weak momentum favours range trading for now”.

“AUD/CAD remains in a range”.

“GBP/CAD looks heavy but we've been here before; more evidence of weakness is needed to confirm a breakdown”.

“CAD/JPY's corrective gains extend, may reach the 95 area”.