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CAD crosses in a technical snap shot - TDS

FXStreet (Guatemala) - Analysts at TD Securities explained the technical conditions surrounding the CAD and popular CAD crosses.

Key Quotes:

USD/CAD's wide swings over the past few days leaves the market searching for direction between 1.08/1.10 near-term”.

“EUR/CAD moves modestly firmer from retracement support but gains should remain limited”.

“AUD/CAD remains soft, just above key support”.

“GBP/CAD steadies near range base”.

“CAD/JPY pushes resistance at 96.20/25; new highs and a firm underlying trend put 98/100 range on the radar”.

USD/CHF retreats from 2014 highs

The USD/CHF erased gains and was headed toward the first decline in three days.
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Gold falls to 12-week lows

Gold continued to decline during the American session and bottomed at $1,261/oz, the lowest price since June 17.
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