BTC Craters Below All Key EMAs: $2.63B ETF Selloff Triggers 'Sell on Rallies' to $67K 
FxWirePro: GBP/NZD recovers some ground but bearish outlook persists 
FxWirePro- Major Crypto levels and bias summary 
ETH Cracks $2,000: $241M Institutional Exodus From Spot ETFs Sends Bears Hunting $1,700 
EURJPY Extends 5-Day Winning Streak Toward 186 — Bulls Reload on Dips for 188 Target 
FxWirePro: NZD/USD eases as Middle East tensions weigh on sentiment 
FxWirePro: USD/CAD bulls continue to hold the higher ground 
GBP/JPY Holds the 215 Line as Yen Momentum Fades; Triple EMA Bulwark Eyes 217 
FxWirePro: USD/ZAR recovers some ground but outlook is bearish 
ETH Cracks Below $2K: $241M ETF Selloff Sparks 14-Day Exodus as Bears Target $1,700 
FxWirePro: USD/CNY dips as Yuan firms despite weak China factory data 
Bitcoin Cracks Below $70K: ETF Bloodbath and Iran Tensions Spark Bearish Breakdown as Bears Eye $67K 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: USD/JPY upside capped as intervention risk limit upside 
AUDJPY Powers Above 114.50 on Aussie Strength—Bulls Target 116.25 on Dips to 113.85 
FxWirePro: AUD/USD eases amid uncertainty over the U.S.–Iran standoff 
Significant Support - 1.2650
USDCAD continues to trade lower despite weak Canadian GDP. The Canadian economic growth slumped to a 3.1% annualized rate in the first quarter compared to a forecast of 3%. The household income of Canadian people surged to 40 years high, and the savings rate improved. According to the Fed watch tool, the probability for a 50 bpbs rate hike in June has increased to 96.8% from 94.9% a week ago. USDCAD hits an intraday high of 1.26526 and currently trading around 1.26552.
Markets eye Chicago PMI and CB consumer confidence for further movement.
Technical:
USDCAD is holding below short-term (21 EMA), medium-term (55 EMA), and long-term ( 200 MA) in the daily chart.
ADX- bearish
CCI (50) below zero line in the daily chart.
Resistance to be watched- 1.2700, 1.2760, and 1.2800.
Support- 1.2650, 1.2600, and 1.2500.
It is good to sell on rallies around 1.26980-70 with SL around 1.2760 for a TP of 1.2500.
