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Flash: CAD in focus – TD Securities

FXstreet.com (London) - Research teams at TD Securities put CAD in focus.

"USD/CAD finds short-term support in low/mid 1.03 area".

"EUR/CAD sell off stabilizes".

"AUD/CAD continues to pressure range resistance".

"GBP/CAD sees more chop, downside move remains a risk".

"CAD/JPY breaks key resistance points, rally may extend to the low 98 area".

AUD/USD over extended, RS1 75

AUD/USD has continued through 0.9300 the figure and continues on the bid. AUD/USD amongst the CAD and NZD, was outperforming last week and has continued on the bid into this weeks sessions.
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Flash: AUD/USD poised to extend gains – Westpac

The AUD/USD looks set for further gains near term, with the Fed unlikely to be aggressive in reducing QE, commodity prices resilient as Chinese growth stabilizes and the RBA seemingly not rushing to deliver another rate cut, suggests Sean Callow, a Global FX Strategist at Westpac.
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