USDCAD: Bullish Push to 1.399?FX:USDCAD is eyeing a bullish reversal on the 4-hour chart , with price testing a key support zone after recent lows, converging with a potential entry area that could ignite further upside momentum toward the higher resistance zone if buyers defend amid volatility. This setup suggests a solid rally opportunity with more than 1:5.5 risk-reward .🔥
Entry between 1.375–1.377 (entry from current price with proper risk management is recommended). Target at 1.399 . Set a stop loss at a daily close below 1.373 , yielding a risk-reward ratio of more than 1:5.5 . Monitor for confirmation via a bullish candle close above entry with rising volume, leveraging the pair’s strength near support.🌟
Fundamentally , USDCAD is trading around 1.386 in late August 2026.
For the US Dollar, the most important release this week (24–28 August) is the US Core PCE Price Index (July) on Wednesday, August 26 — the Fed’s preferred inflation gauge that can significantly influence dollar strength.
For the Canadian Dollar, a key event is the Canada GDP data (June / Q2) on Friday, August 28, which will provide critical insight into the health of the Canadian economy. 💡
📝 Trade Setup
🎯 Entry (Long):
1.375 – 1.377
(Entry from current price is acceptable with proper position sizing and strict risk management.)
🎯 Target:
1.399
❌ Stop Loss:
Daily candle close below 1.373
📈 Risk-to-Reward:
More than 1:5.5
💡 Will buyers defend 1.375–1.377 and drive USDCAD toward 1.399, or will sellers break support and invalidate the bullish setup? 👇
EURUSD: Bullish Push to 1.1700?FX:EURUSD is eyeing a bullish continuation on the 4-hour chart within the short-term uptrend, with price approaching a key support zone near the uptrend line after recent consolidation, converging with a potential entry area that could ignite further upside momentum toward the higher resistance zone if buyers defend amid volatility. This setup suggests a solid rally opportunity with close to 1:6 risk-reward .🔥
Entry between 1.1575–1.1585 (entry from current price with proper risk management is recommended). Target at 1.1700 . Set a s top loss at a daily close below 1.1566 , yielding a risk-reward ratio of close to 1:6 . Monitor for confirmation via a bullish candle close above entry with rising volume.🌟
Fundamentally , EURUSD is trading around 1.163 in early September 2026.
For the Euro, the most important event this week (7–11 September) is the ECB Interest Rate Decision on Thursday, September 10, which will set the tone for eurozone monetary policy.
For the US Dollar, the key release is the US Consumer Price Index (CPI) for August on Friday, September 11 — a major inflation report that can strongly influence Fed expectations and dollar strength. 💡
📝 Trade Setup
🎯 Entry (Short):
1.1575 - 1.1585
(Entry from current price is acceptable with proper position sizing and strict risk management.)
🎯 Target:
1.1700
❌ Stop Loss:
Daily close above 1.1566
📈 Risk-to-Reward:
Close to 1:6
Will buyers defend 1.1575-1.1585 and push EURUSDtoward 1.1700, or will the support fail and invalidate the bullish setup? 👇 USD/CHF Breaks Out as Fed Hike Widens the Rate GapUSD/CHF rose roughly 0.9% on Wednesday and pushed above 0.8250 as the Dollar firmed broadly following the Federal Reserve's decision to lift the target range by 25-bps to 3.75%-4.00%, its first increase since 2023. The vote was unanimous, and the updated Summary of Economic Projections carried a hawkish tilt, with only two participants treating the new range as sufficient for the remainder of the year against four projecting a further 50-bps before December. Chair Kevin Warsh used the press conference to stress a faster return to the 2% inflation target, giving the Dollar a second leg of support once the statement itself had been digested.
The Swiss side of the pair offers no offset. The SNB policy rate has sat at 0% through both the March and June assessments, markets assign almost no probability of a change at next Thursday's update, and the first hike is not priced until well into 2027. That leaves USD/CHF as the cleanest rate differential expression in G10, and one that is widening at a time when most other policy spreads are compressing. It also explains the growing interest in the pair as a carry vehicle, with Swiss funding costs pinned at zero and none of the two-sided policy risk embedded in USD/JPY, where the BOJ is still normalizing and officials have a history of leaning against the move near round numbers. Swiss authorities have tended to lean the other way, flagging a willingness to counter excessive franc appreciation, though the franc's safe haven bid remains the clearest threat to any carry structure should risk sentiment deteriorate.
In the above chart, USD/CHF has cleared 0.8200 for the first time since June 2025, a level that rejected the pair in July 2026 and has stalled advances repeatedly since. Today's move carries better quality than those earlier attempts, trading decisively through the level rather than probing it intraday. There is little reference overhead until 0.8500, the high from the last period the pair occupied this range. RSI has pushed to 70, and while that reading would ordinarily invite a contrarian fade in a range-bound market, momentum extremes are unreliable in the opening stage of a repricing and overbought conditions can persist while global markets absorb the Fed's shift. The more useful near-term test is whether 0.8200 converts from resistance into support on the first pullback, which would define a new range. A failure to hold it would frame today as an event-driven one-off rather than a trend change.
Long
