FxWirePro: USD/ZAR recovers some ground but outlook is bearish 
FxWirePro: GBP/NZD extends decline , vulnerable to more downside 
FxWirePro: AUD/USD eases amid uncertainty over the U.S.–Iran standoff 
FxWirePro: USD/CNY dips as Yuan firms despite weak China factory data 
AUDJPY Powers Above 114.50 on Aussie Strength—Bulls Target 116.25 on Dips to 113.85 
EURJPY Extends 5-Day Winning Streak Toward 186 — Bulls Reload on Dips for 188 Target 
Bitcoin Cracks Below $70K: ETF Bloodbath and Iran Tensions Spark Bearish Breakdown as Bears Eye $67K 
FxWirePro: EUR/AUD holds narrow range, focus on near-term Support 
FxWirePro: USD/JPY remains in familiar place on intervention threat 
Pound Power Drives GBPJPY Past 214.50 — Buy-the-Dip Setup Targets 217 
FxWirePro- Woodies pivot (Major) 
FxWirePro: NZD/USD eases as Middle East tensions weigh on sentiment 
FxWirePro: GBP/NZD recovers some ground but bearish outlook persists 
FxWirePro: USD/JPY upside capped as intervention risk limit upside 
BTC Craters Below All Key EMAs: $2.63B ETF Selloff Triggers 'Sell on Rallies' to $67K 
Intraday bias - Bearish
USDCAD trades higher despite positive Canadian retail sales data. It rose 0.9% in Apr compared to a forecast of 0.80%. Core retail sales excluding automobiles surged 1.3% vs. an estimate of 0.50%. The minor weakness in crude oil price also puts pressure on the Canadian dollar. Technically in the 4- hour chart, the pair is holding above the short-term (21- and 55 EMA) and the long-term moving average of 200 MA (1.27954). Any close below 1.2900confirms a bearish continuation. A dip to 1.2860/1.2800 is possible USDCAD hits an intraday low of 1.29748 and is currently trading around 1.29662.
The near-term resistance is around 1.300, any breach above targets 1.3080/1.3150.
Indicators (4 Hour chart)
CCI (50)- Bullish
ADX- Bullish
It is good to buy on dips around 1.2918-20 with SL around 1.2860 for TP of 1.3080.
