Significant Resistance - 1.2730
USDCAD gained sharply after BOC and fed monetary policy. The bank of Canada has kept its rates unchanged at 0.25% and signaled a rate hike in the coming months to tackle higher inflation. The slight policy divergence between the US fed and Bank of Canada is supporting the pair at lower levels. USDCAD hits a high of 1.27250 and currently trading around 1.27171.
Technical:
USDCAD is holding above short-term (21 EMA), medium-term (55 EMA), and long-term ( 200 MA) in the 4- hour chart.
ADX- Bullish
CCI (50) and Woodies CCI above zero line.
Resistance to be watched- 1.2730, 1.2760, and 1.2800.
Support- 1.2660, 1.2600, 1.2500.
It is good to buy on dips around 1.2678-80 with SL around 1.2638 for a TP of 1.2800.


FxWirePro: USD/CAD steadies around 1.3840 ,retains bid one
GBPJPY Takes a Breather at 215 After Three-Week Rampage; Bulls Reload for 216–217
Bitcoin Cracks Below $70K: ETF Bloodbath and Iran Tensions Spark Bearish Breakdown as Bears Eye $67K
FxWirePro: NZD/USD dips as Middle East tensions weigh on sentiment
FxWirePro- Major European Indices
FxWirePro: GBP/AUD recovers some ground, geopolitics holds center stage
FxWirePro: EUR/ NZD stuck in range but outlook is bearish
FxWirePro: GBP/USD range-bound as Iran uncertainty keeps traders cautious
AUDJPY Extends Five-Day Rampage to Near 115 as Yen Crumbles; Bulls Target 116–117
FxWirePro: USD/JPY upside capped as intervention risk limit upside
FxWirePro: EUR/AUD holds narrow range, focus on near-term Support
FxWirePro- Major Pair levels and bias summary
AUD/JPY Smashes Multi-Week Resistance at 114.73 After Prolonged Consolidation; Triple EMA Setup Targets 117
NZDJPY Catches Its Breath: Bulls Defend 94 Floor With Sights Set on 96–97
ETH Cracks $2,000: $241M Institutional Exodus From Spot ETFs Sends Bears Hunting $1,700
FxWirePro: EUR/AUD dips towards 1.6200 level, scope for further downside 



