The Tiger Forex Report – Week of 04/06 – 04/10/2026

The DXY is in a tizzy. New move highs, or new move lows? The Bulls are on a mission to spark a rally through resistance and try and pressure the upside target level. However, if the Bears can get a break below last Thursday’s low, then that would confirm a short-term Head & Shoulders Sell signal that targets the downside support band.

Crude Oil Bulls are trying to take this market up to new multi month highs. Short-term Bullish momentum could have enough strength to drive new move highs all the way to the upside target level before there is a pause. Just get ready for a sharp sell off.

30yr T-Bond Yields are expected to continue to drift lower. If there is a close above the upside resistance band this week it would be a strong indication that the Bulls could press a rally all the way to the upside target level before the next FED meeting. The last chance for FED action with Powell. Do not be surprised if he hikes rates on the way out.

EURUSD Weekly Outlook:

Things are churning bigtime in the EURUSD. It is a new quarter, and the odds are strong that the Bulls are going to try and pierce the breakout to the upside. If this occurs it would be unwise to fight a fresh show of strength. A strong trend move could start to unfold if the DXY shows any signs of extended weakness. Also, the ECB is Hawkish, and it is very likely that they will be raising within the next few months. That fundamental alone should help to anchor in the recent weekly low. Sellers should be careful to take only strong Sell signals. Remember it is best to trade the action and not the reaction. Should the Bears press support this week it is unlikely that the market will fall below the downside support band. If this occurs, there will be an update.

GBPUSD Weekly Outlook:

GBPUSD Bears are salivating over the idea of pressing the trend further. If the market falls below the downside support band it is very likely that the downside taret level could get tagged this week. A correction is overdo, but fundamentals are horrrble for this FX pair. Wait for a solid Buy signal before trying to fight the trend. Keep an eye on the DXY. If the Index takes a big hit, then the market could get a bounce. Should this develop, the Bulls will be in a fight all the way to the upside resistance band. It is not very likely that there will be much more potential for a higher market this week than this area. Only a close above the upside resistance band would change the outlook. Trading back at these higher levels will most likely occur if there is a big change in econmic fundamentals. Should the BOE raise Interest Rates with a further Hawkish bias, then a solid trend shift could begin.

USDCHF Weekly Outlook:

Can the USDCHF sustain a trade above the upside resistance band this week? Well, there is a strong chance at a spike high to the upside target level. With the USD showing signs of weakness the Bulls might have trouble holding the trend in place. Use caution with all trading below the upside resistance band. Below this area the Bears will be putting up a strong fight to really hammer new move lows. A failure from the last swing low would be a good indication that selling momentum has the potential to build. Especially if the Dollar Index is in the gutter. A situation such as this would just add fuel to the fire. This market needs a correction, and a break all the way down toward the downside support band has strong odds of manifesting over the next couple of weeks as we get closer to the next FED meeting. If you think that that volatility is going to slow down as we near Summertime you may be hugely mistaken. It is very possible that we have just scratched the surface to market volatility. One thing that is very important to remember when trading this currency. The long-term trend is a Bear and is expected to remain in an aggressive sell posture for many months to come.

USDJPY Weekly Outlook:

There is a potential Head & Shoulders Sell signal brewing in the USDJPY. Key off the last swing low and swing high. A rally above the last swing high would confirm Bullish strength to make a play for the upside target level. With Crude Oil nearing new multi month highs it will be hard to sell into this rally. However, when this currency reverses look out! Trading back below the 150.00 level is still very likely to occur before the 2nd Quarter is finished. Should the Bears get below the last swing low the selling pressure is expected to build fast. The downside support band is the first stop on a break that could hit the downside target level within a few weeks. Watch the USD. If there is strong weakness in the Dollar, then it should reinforce correction potential for the USDJPY. There are rumblings about the BOJ taking actions, but odds are very strong they will not act until after the FED chairman is replaced. What a show that is going to be when the new chairman is phased into place.

AUDUSD Weekly Outlook:

Is the AUDUSD starting to form a bottom? Remember to never try and pick a top or a bottom. However, you do want to be mindful of potential trend changes. A liquidity trap break is in the cards for this market that could tag the downside target level. Be careful though. This market is poised to disappoint across the board. If a wide range trade was to develop it would be par for the course. Fundamentals and technicals are very mixed. Should the Bulls rally above last week’s swing high there should be a surge into the upside resistance band. Watch for a close above this area. Should this occur there is likely to be follow through buying momentum that could have this FX pair challenging the upside target level before the month is through.

NZDUSD Weekly Outlook:

The downside support band will be put to the test in the NZDUSD this week. Selling pressure is in control and there is likely going to be a test of the downside target level before there is a bounce. Trend dynamics are screaming Bearish overtones. USD weakness could slow the fall in this currency, but there is no sign that a change in overall trend is coming anytime soon. Trading above the downside support band will put the market on pause for a digestive range trade back up to the upside resistance band. Not much more is on the agenda for the Bulls above this area. Heavy resistance should keep the Bulls from climbing higher. If there are two consecutive closes above the upside resistance band this currency may be ready to stop the longer-term Bearish trend from rearing its head for a while. Time will tell how the tug-o-war goes this week.

USDCAD Weekly Outlook:

Bullish strength has the trend pointed higher and ready for a retest of the upside resistance band. Look out for an erroneous liquidity spike high that could hit the upside target level. There is not much else expected for a follow through rally this week. A short-term correction would be healthy, and USD weakness could be just the trigger to get the Bears back in controls of direction. Trading under last week’s low would be a good indication that selling pressure is building and the downside support band might see some action. This is a solid area for a bounce and consolidation phase. Only a close under the downside support band would confirm weakness. Watch the Dollar Index and Yields. Should Yields soften and the Index pull back, then it is very probable that we could get stuck in the range trade area that this currency has been chopping around in for months.