交易新闻
24 Apr 2015
USD/CAD peaks a sell opportunity – TDS
FXStreet (Barcelona) - FX Strategists at TD Securities, suggest that any rebound in USD/CAD must be used as a sell opportunity for a drop to 1.19 levels.
Key Quotes
“The mid-week breakdown in USDCAD below support in the low 1.22 area may steady from a short-term point of view but USDCAD needs to regain 1.2225/30 to stabilize more durably.”
“The broader technical picture remains adverse for the USD; loss of support at 1.2350/60 last week continues to imply the potential for a drop to the low 1.19 and we think short-term rebounds in funds offers investors another chance to short the market ahead of a push under 1.20.”
“Only regaining 1.2360 decisively relieves the technical pressure on the USD at this point.”
Key Quotes
“The mid-week breakdown in USDCAD below support in the low 1.22 area may steady from a short-term point of view but USDCAD needs to regain 1.2225/30 to stabilize more durably.”
“The broader technical picture remains adverse for the USD; loss of support at 1.2350/60 last week continues to imply the potential for a drop to the low 1.19 and we think short-term rebounds in funds offers investors another chance to short the market ahead of a push under 1.20.”
“Only regaining 1.2360 decisively relieves the technical pressure on the USD at this point.”