USD/CAD Turns Bullish as GBP/USD, AUD/USD Lose Momentum
Source: EODHD - https://finance.yahoo.com/markets/currencies/articles/usd-cad-turns-bullish-gbp-135420588.html
Published: Aug 26, 2026 9:54 AM
USD/CAD Technical AnalysisUSD/CAD has rallied from the 1.3750 support area, with the 50- and 200-period EMAs converging just below price and resistance visible at 1.3950. Source: TradingView. I'm buying the US dollar against the Canadian dollar over the last couple of days, and the Wednesday session doesn't look any different. I'm actually really bullish for the short term, and with the trade spat between the Americans and the Canadians, this is going to be about the Canadian dollar more than anything else. Short-term pullbacks represent value to me, but full disclosure, already long in a couple of smaller positions. I do believe we have further to go. I'll be looking at any pullback at this...
Market context: This update is relevant to AUD traders, with AUDUSD as the primary instrument to monitor for follow-through, trend continuation, or headline volatility.
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USD/CAD Turns Bullish as GBP/USD, AUD/USD Lose Momentum
Published Aug 26, 2026 9:54 AM
Last refreshed Aug 26, 2026 4:00 PM
Source:
EODHD
Event Time: Aug 26, 2026 9:54 AM
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This market news item includes source data powered by EODHD.