CAD and crosses in a technical snapshot - TDS

FXStreet (Guatemala) - Analysts at TD Securities explained the CAD and crosses in a technical snapshot.

Key Quotes:

"The USD/CAD is struggling for a strong sense of direction in the short run; we look for the market to trade between 1.2360/1.2630 for a while longer."

"EUR/CAD retains a weak technical bias despite this morning's rebound."

"AUD/CAD pivots around the 40-day MA."

"GBP/CAD's bull run moderates but no reversal at this point."

"CAD/JPY moves sideways but should be biased somewhat lower."