USD/CAD
August 21, 2026
Risk Disclaimer: The example below is for illustrative purposes only and is based on price movements derived from Contracts for Difference (CFDs). The calculations reflect hypothetical outcomes using historical or specified price data for the relevant instrument on the stated date and are not indicative of future performance. Any reliance placed on this material is strictly at the user’s own risk.
Weekly Special Report: USD/CAD
U.S.–CANADA TRADE DEAL:
- TRADE NEGOTIATIONS: The U.S. and Canada are moving closer to a trade agreement that could reduce tariffs on Canadian autos, steel and aluminium. Trump also postponed new tariffs while negotiations continue.
- POTENTIAL USD/CAD IMPACT: Progress toward a trade deal reduces uncertainty around Canadian exports and supports the Canadian dollar. CAD has already strengthened to a two-and-a-half-month high following the temporary tariff reprieve.
Source: Reuters
U.S. GOVERNMENT:
- BREAKING (AUGUST 19): U.S. TREASURY ANNOUNCED MORE AGGRESSIVE LONG-TERM BOND REPURCHASE PROGRAMME. The Treasury will double the size of its long-term bond repurchase operations to $4 billion from $2 billion, starting September 9. With around $69 billion already planned through November, the larger operations could add at least $14 billion, bringing the total to around $83 billion. The move could increase market liquidity, potentially weighing on the U.S. dollar and USD/CAD.
JACKSON HOLE ECONOMIC SYMPOSIUM HOSTED BY THE U.S. FEDERAL RESERVE
- EVENT (AUGUST 27 – 29): JACKSON HOLE ECONOMIC SYMPOSIUM HOSTED BY U.S. FEDERAL RESERVE. The annual Jackson Hole Economic Symposium, hosted by the Federal Reserve Bank of Kansas City, brings together global central bankers, economists, and policymakers to discuss key economic challenges. Markets will focus on U.S. monetary policy, inflation, economic growth, and future interest rate decisions under new Fed Chair Kevin Warsh.
- EVENT (EXPECTED: FRIDAY, AUGUST 28 AT 15:00 GMT+1): U.S. FED CHAIR KEVIN WARSH SPEECH. His first Jackson Hole speech as Fed Chair could provide important insight into the Fed’s policy direction.
EVENTS (USA):
- WEDNESDAY, AUGUST 26 AT 13:30 GMT+1: U.S. GROSS DOMESTIC PRODUCT (GDP) (Q2). A preliminary report published at the end of July showed a decrease from 2.1% to 1.5% despite no change was expected. Another disappointing report may increase concern regarding the U.S. economy and have a negative impact on the U.S. and USD/CAD prices.
EVENTS (CANADA):
- WEDNESDAY, SEPTEMBER 2 AT 14:45 GMT+1: BANK OF CANADA INTEREST RATE DECISION. The Bank of Canada is expected to keep its policy rate unchanged at 2.25%.
TECHNICAL ANALYSIS
- RESISTANCE AREA: 1.3950-1.4130. After breaking below the 1.3950, USD/CAD is establishing new resistance between 1.3950 and 1.4130. The currency pair has predominantly traded below the region since October 2025. However, a move to upper levels remains possible if this support is broken.
GRAPH (Daily): May 2025– August 2026
Please note that past performance does not guarantee future results
USDCAD, August 21, 2026
Current Price: 1.3760
|
USD/CAD |
Weekly |
|
Market Trend |
|
|
1.4000 |
|
|
1.3950 |
|
|
1.3900 |
|
|
1.3600 |
|
|
1.3500 |
|
|
1.3400 |
Example of calculation based on weekly market trend for 1.00 Lot1
|
USD/CAD |
||||||
|
Pivot Points |
||||||
|
Profit or loss in $ |
-1,746 |
-1,382 |
-1,019 |
1,164 |
1,892 |
2,619 |
|
Profit or loss in €² |
-1,492 |
-1,181 |
-871 |
995 |
1,617 |
2,239 |
|
Profit or loss in £² |
-1,278 |
-1,012 |
-745 |
852 |
1,384 |
1,917 |
|
Profit or loss in C$² |
-2,400 |
-1,900 |
-1,400 |
1,600 |
2,600 |
3,600 |
- The above calculations are made based on 1.00 lot which is equivalent of 100,000 units
- Calculations for exchange rate used as of 08:10 (GMT+1) 21/08/2026
You can use risk management tools such as Stop-Loss and Take-Profit
