Weekly Forex Outlook | August 2 - 7, 2026 |DXY, USDCAD & NZDUSD U.S. Dollar Currency IndexTVC:DXYCashFalconI began with Forex Factory to identify this week’s high-impact USD, CAD, and NZD news, then mapped the most relevant daily and 4H swing levels. DXY: The dollar is reacting from a major daily level. Bias remains bullish while the key daily swing low holds. A break above resistance would support continuation; a break below the marked swing would signal growing bearish pressure. USD/CAD: Price is sitting near a daily level and between important 4H swings, so there is no entry yet. I’m waiting for a confirmed breakout and retest before targeting the next daily range. NZD/USD: Daily structure is bullish, but price may still correct. I’m watching for either a pullback into support followed by bullish continuation, or a decisive break below the 4H swing and daily level for a potential short. No trades yet. These are conditional setups. I’m prioritizing confirmation, stops beyond meaningful pivots, and a minimum 3:1 reward-to-risk ratio.