
The Tiger Forex Report 06-16-25
The Tiger Forex Report – Week of 06/16 – 06/20/2025
The DXY has three central bank decisions to deal with this week. Get ready for some chop.
Crude Oil Bulls are on the move, but a pull back is expected.
30yr T-Bond traders are going to have a tough time with the market this week. Pick your points wisely.
EURUSD Weekly Outlook:
Bullish momentum is strong in the EURUSD and another run for a newer move high is likely this week. Be careful though. As long as the Bulls maintain a trade above the upside target #1 this currency should remain firm. A close above UTL #2 would be a good sign that the Bulls are trying to make a run for the 1.1800 area. If the Bears can get a close below the UTL #1, then all bets are off as the market corrects. This would put the DTL #1 in traders’ sights. Back into the big range trade.
GBPUSD Weekly Outlook:
Another lack luster trade is on the agenda for the GBPUSD until the BOE meets on Thursday. A continuation of the sideways trade is expected this week. If the Bulls can spark a new high, then there is a chance to get a trend moving toward the UTL #2. Below the UTL#1 the market will be stuck in a holding pattern. Only a move into the downside correction zone would change this outlook, and set the market up to press support and alter the trend.
USDCHF Weekly Outlook:
USDCHF Bears are on the move. More downward pressure is likely in the days ahead. The DTL #1 is an extremely viable objective as we head toward central bank decisions this week. If there is a close below this area be cautious trying to fade the slide. Bearish pressure could drop this market all the way back to the DTL #2. As far as the Bulls are concerned, the upside correction band is about all that a rally may produce this week. The trend dynamics are too strong to the downside. If there is a close above this area there will be an update.
USDJPY Weekly Outlook:
Sloppy trading this week is the call. More drifting along the monthly directional pivot is on the agenda. BOJ, Crude Oil, and a FED meeting are all weighing on the USDJPY. The upside correction band is likely to hold any Bullish surge this week. If there is a close above this area there will be an update. The Bears may get a decent sell off if the FED cuts more than a quarter point. However, this is not expected. If this occurs then the DTL #1 could be reached in the next couple of weeks.
AUDUSD Weekly Outlook:
The AUDUSD is stuck in the critical resistance band, and is likely to stay there this week. Trading above here should have the market pressing the UTL #1. Below this area the Bears will have a tough fight to drag the market back to the DTL #1 area. Should the market fall back to make new move lows there will be an update.
NZDUSD Weekly Outlook:
NZDUSD traders will most likely see more of the same this week. Wait for a valid signal. There is not any indication that there will be any strong move up or down. If the Bulls spark new highs the UTL #1 becomes the longer-term target. Be careful of a head-fake spike. Below the critical resistance band, the Bears target DTL #1.
USDCAD Weekly Outlook:
Bearish momentum is quite obviously strong in the USDCAD. The DTL #1 is a solid trend target for the market, and a Sell rally posture is the best call for the week ahead. It would not be a good idea to fade the Bears. Selling pressure could build this week and gear traders up to drive this currency down toward the DTL #2 before the week is out. Bullish possibilities are slight over the next few days. Should the Bulls take out last weeks high it will most likely be a corrective spike. Selling into rallies is most likely the better play instead of fighting the trend until there is a valid Buy signal.