Weekly Chart GBP/USD Update: Consolidating recent gains - background studies continue to rise

August 24, 2026 11:26 AM UTC

Cautious/choppy trade around 1.3550 has given way to the anticipated break higher

FX Weekly Strategy: N America, Aug 24-28

August 24, 2026 8:56 AM UTC

Small upward revision for U.S. Q2 GDP 
U.S. July PCE prices to match CPI
U.S. Advance Goods Trade Balance Wider in nominal and real terms
Canada Q2 GDP Quarterly rebound seen largely on net exports

Chart USD/CHF Update: Limited tests higher

August 24, 2026 8:36 AM UTC

Cautious trade has given way to the anticipated break above 0.8000

Chart USD Index DXY Update: Limited tests higher

August 24, 2026 8:19 AM UTC

Cautious trade above strong support at the 98.60 Fibonacci retracement is giving way to a push higher

Chart EUR/USD Update: Any pullback to remain limited

August 24, 2026 7:41 AM UTC

The anticipated break above resistance at congestion around 1.1700 has been pushed back from beneath the 1.1725 Fibonacci retracement

IMM Commitment of Traders Reports w/e Aug 18, CAD trimmed, still short; CHF shorts pared

August 24, 2026 7:35 AM UTC

IMM data for w/e Aug 18 mixed, show modest $ trim overall, still long
CAD shorts lightly covered but still very large into the trade deal hopes and now breakdown
CHF shorts pared, JPY shorts show 1st increase in 3 weeks, but to average levels

Chart GBP/USD Update: Consolidating tests higher - studies continue to rise

August 24, 2026 7:25 AM UTC

The test above the 1.3657 monthly high of 1 May has been pushed back from 1.3675

Psychology for major markets Aug 24

August 24, 2026 7:20 AM UTC

U.S.-Canada trade talks collapse 

EUR/USD, USD/CAD - week's main events backloaded; CAD the main exception

August 24, 2026 6:53 AM UTC

Flat trade, with week's main events from Wed onwards, though Bessent speaks on Iran sanctions today
CAD the main exception, though initial reaction to talk breakdown modest; spec mkt remained short CAD

AUD/USD flows: Sentiment Soft

August 24, 2026 6:07 AM UTC

Broader risk sentiment soft

Weekly Chart AUD/USD: Extending June gains

August 24, 2026 6:00 AM UTC

Consolidation above the .7080/.7100 support has given way to break to extend gains from the .6865 late-June low

FX Weekly Strategy: Europe, Aug 24-28

August 24, 2026 4:46 AM UTC

Small upward revision for U.S. Q2 GDP 
U.S. July PCE prices to match CPI
U.S. Advance Goods Trade Balance Wider in nominal and real terms
Canada Q2 GDP Quarterly rebound seen largely on net exports

USD/CAD flows: Gap Closed

August 24, 2026 4:16 AM UTC

Carney's team sees little chance of resumed talks before the U.S. midterms 

Chart GBP/USD Update: Consolidating test of 1.3650/58 resistance

August 24, 2026 2:18 AM UTC

No follow-through on break of resistance at 1.3650/58 congestion and May high as prices consolidate strong gains from 1.3275 late-July low

Chart EUR/USD Update: Consolidating test of 1.1700

August 24, 2026 2:06 AM UTC

Limited on break above the 1.1700 level with the resulting twin pin bar threatening a small top pattern at the 1.1710 highs

Chart USD/JPY Update: Extend consolidation above 158.00

August 24, 2026 1:00 AM UTC

Limited on break above the 159.00 level as prices consolidate bounce from the 158.00 low of last week

Chart NZD/USD Update: Within reach of .5995, May high

August 24, 2026 12:42 AM UTC

Sharp rally last week see prices extending bullish gains from the .5625 June current year low to reach .5988 high

Chart AUD/USD Update: Room to extend gains

August 24, 2026 12:30 AM UTC

Break above resistance at the .7150 congestion on Friday has seen gains to approach the .7187 March high