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Analysis

From the news to the charts — and from the charts to next week. All three are connected, so you get the complete market picture in one place.

Market Pulse
Snapshot: Aug 22–23, 2026 · FXStreet, Bloomberg, LiteFinance
EU EUR/USD
↑ Bullish
1.1614
Still testing the 1.1700 resistance
GB GBP/USD
↑ Bullish
1.3570
Near three-month highs
Au XAU/USD
↑ Bullish
4,602.99
Safe-haven demand supportive
$ DXY (USD Index)
↓ Pressured
101.20
Soft ahead of Jackson Hole

Today's Top Forex News

Click a currency tag → jump to the related Technical Outlook
JACKSON HOLE SYMPOSIUM
FXStreetAug 23, Today

Dollar steadies ahead of Jackson Hole

After this week's slide, the USD Index has regained ground toward the 101.60 zone. Traders are now focused on the Fed Chair's Jackson Hole keynote, which should set the next policy direction.

USD
50% US – CANADA TARIFFS
BloombergAug 21

US hits Canada with 50% tariffs

Washington's fresh tariff escalation has triggered new volatility in CAD, with PM Carney vowing retaliation. The impact is showing up directly in the USD/CAD pair.

CAD USD
$ US TREASURY · BOND BUYBACK
BabypipsAug 20

Treasury's bond buyback move fuels the "debasement trade"

A larger-than-expected long-end bond buyback from the US Treasury pushed 30-year yields lower and sent the Dollar to a three-month low, while both Gold and Bitcoin rallied.

USD Gold
BANK OF ENGLAND
FXStreetAug 21

Cable extends its bullish run to multi-month highs

UK unemployment holding steady at 4.9% and fading Fed rate-hike bets are keeping GBP/USD supported. Eyes now turn to BoE Governor Bailey's remarks.

GBP
3% CANADA · CPI DATA
BabypipsAug 19

Canadian inflation ticks up to 3% in July

The rise in headline CPI was largely driven by a Middle East-linked gasoline spike, while core prices have stayed fairly stable.

CAD
XAU/USD · GOLD
FXStreetAug 22

Gold eyes fresh highs as safe-haven demand builds

XAU/USD extended its advance toward the $4,600 zone on geopolitical tension and dollar softness, with technical indicators still pointing to an upside bias.

Gold
ECB · MEETING ACCOUNTS
LiteFinanceAug 21

Euro sentiment holds steady ahead of ECB minutes

EUR/USD is holding a bullish tilt near 1.1600 as traders position around the growth gap between the US and the Eurozone. The ECB's July meeting accounts are due this week.

EUR

Technical Predictions for Major Instruments

Support / Resistance + Bias
EU EUR/USD
↑ Bullish, RSI Overbought
1.1614 Current level
Bull candle Bear candle 4-period SMA - - - Resistance 1.1700 / Support 1.1631
RSI (14) 74 · Overbought
Resistance
1.1700 / 1.1800
Support
1.1631 (200-SMA) / 1.1475

RSI is sitting in overbought territory — a confirmed close above 1.1700 could open the path toward 1.1800 and the YTD highs. A deeper pullback could expose 1.1400.

GB GBP/USD
↑ Bullish
1.3570 Three-month high
Bull candle Bear candle 4-period SMA - - - Resistance 1.3600 / Support 1.3400
RSI (14) 67 · Bullish momentum
Resistance
1.3600 / 1.3700
Support
1.3400 zone

The bullish streak holds for a sixth straight day, with fading Fed rate-hike bets keeping Cable supported. Watch BoE Governor Bailey's remarks this week.

Au XAU/USD (Gold)
↑ Bullish, RSI 56
4,602.99 Aug 22 snapshot
Bull candle Bear candle 4-period SMA - - - Resistance 4,698 / Support 4,514
RSI (14) 56 · Neutral–bullish
Resistance
4,698 → 4,749 → 4,800
Support
4,514 (200-SMA) / 4,376

RSI has eased slightly from overbought, but the broader uptrend stays intact. The "debasement trade" and safe-haven demand both remain supportive for Gold.

$ DXY (USD Index)
↓ Pressured
101.20 Bounced toward 101.60
Bull candle Bear candle 4-period SMA - - - Range 100.90 – 101.65
RSI (14) 39 · Soft momentum
Range
100.90 – 101.65
Trigger
Warsh's Jackson Hole speech

The market is reading the Treasury's bond-buyback strategy as a "debasement trade," keeping the Dollar under pressure. The next directional cue arrives with Thursday's Fed keynote speech.

Key Events for Next Week

24 – 30 August 2026
All day
Quiet calendar Low

No major data is scheduled for Monday — the market is positioning ahead of Wednesday's PCE data and the Jackson Hole Symposium.

After close
Nvidia Earnings Medium

A bellwether event for AI demand — could have an indirect impact on risk sentiment and the Dollar.

Morning
RBA Meeting Minutes Medium

Could move AUD pairs, with signals on the RBA's forward rate path.

Evening
US Consumer Confidence (Conference Board) Medium

US consumer sentiment could impact both the DXY and US equities.

6:00 PM IST
US Core PCE Price Index High

The Fed's preferred inflation gauge — the last major print before the Jackson Hole keynote. Soft data would be bearish for the Dollar, hot data could turn it bullish.

6:00 PM IST
US Q2 GDP (Second Estimate) High

The advance estimate showed growth slowing to 1.5% — a revision could add to USD volatility.

All day
Fed Jackson Hole Symposium begins High

The Kansas City Fed's symposium runs from August 27–29 — the single biggest event of the week, shaping the policy direction ahead.

Afternoon
ECB Meeting Accounts (July) Medium

Extra detail on the Eurozone's policy thinking — could bring short-term movement in EUR/USD.

Evening
Fed Chair Kevin Warsh — Jackson Hole Keynote High

The single biggest market-moving moment of the week — will directly influence the rate-cut path and the "debasement trade" narrative.

Evening
US NFP Annual Revision (Prelim) Medium

A revision to last year's payroll data — could reshape the real picture of the labor market and trigger USD volatility.

Morning
Japan Tokyo CPI + Unemployment, Canada GDP, French/Spanish Flash CPI Low

A global data cluster — could bring secondary moves in JPY, CAD, and EUR pairs.

Week summary: The whole week revolves around the Jackson Hole Symposium — Wednesday's Core PCE print and Friday's Warsh keynote are the two biggest trigger points. Positioning is expected to stay quiet beforehand, with conviction trades likely to arrive only after the keynote.
Data sources: FXStreet, Bloomberg, LiteFinance, Newsquawk, FOREX.com — curated as of August 22–23, 2026. This information is for educational/informational purposes only and is not financial advice. This section can be connected to a live news/price API for real-time data.
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