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11 Aug 2014

CAD and crosses technical snap shot – TDS

FXStreet (Guatemala) - Analysts at TD Securities gave us a snap shot of the CAD and it’s crosses.

Key Quotes:

“USD/CAD trades a little softer; we look for support in the low 1.09 to hold (but note that the loss of support just above the figure may prompt a drop to 1.0830)”.

“EUR/CAD consolidates and may range trade near-term but technical signals suggest risks are geared to the topside”.

“AUD/CAD pressures support just above 1.01”.

“GBP/CAD remains choppy, trades heavily again”.

“CAD/JPY rebounds should be contained, technical patterns remain negative”.

Aug 11, 2014

NZD/USD suffers on RBNZ intervention concerns

NZD/USD is trading at 0.8457, down -0.04% on the day, having posted a daily high at 0.8476 and low at 0.8457.

US stocks lose momentum but still up

Equities in the US are rising on Monday but off session highs while European markets finished with gains.