The Tiger Forex Report – Week of 08/24 – 08/28/2026

The DXY is fast approaching the downside TP2. Will USD weakness continue this week? Signals are mixed. Get ready for some indecisive swings.

Crude Oil Bulls are on a mission to challenge the upside TP1 level. That is about all that is expected. Only a rally up to TP2 would change the sell rally forecast and set this commodity up for a big sideways trade as we close down the Summer.

30yr T-Bond Yields continue to drift along the downside support band. Last week’s swing low was a solid floor price for the short-term. Trading above here should keep this market in a sideways to higher trend posture.

EURUSD Weekly Outlook:

Bulls are poised to challenge the TP3 level. Heavy resistance is likely, but a sustained trade above TP3 would be a good indication that the market may still have the momentum to challenge the critical resistance band. Below TP3 this FX pair is ready for some digestion of the recent power surge higher. Keep an eye on the DXY. If the Index is bouncing and giving the USD a boost, then the Bears should drag this currency lower. Time for a profit taking break to buy. Although it is unlikely that there will be a strong sell off this week the downside support band should make a solid floor. Odds are not very high that the Bears can get back to these levels any time soon unless the FED hikes Interest Rates. In which case the USD should gain strength, and add momentum to a breaking market. Probably not something to worry about until we get closer to the September FED meeting. Yes, it is right around the corner.

GBPUSD Weekly Outlook:

Momentum is in the Bulls control and a run for the TP2 level is on the agenda this week. Any pull backs in the short-term are viewed as buying opportunities before the next surge through resistance. Not much action above TP2 is expected, but if the market holds above this area TP3 becomes a viable target over the next couple of weeks. There is little opportunities to the downside this week with the current market posture. If there is a close below the TP1 level then there is the potential for a digestive range trade as we wind down the Summer. In the event of a strong surge in USD strength the downside support band should still hold firm as a solid area for this currency to bounce off. If there is a break back into this lower extreme this week there will be an update.

USDCHF Weekly Outlook:

Bearish Sell signals are lighting up the outlook for the USDCHF this week. A sell rally posture is the outlook with a strong potential to break down to the TP1 level over the next few days. This area should provide a good spot for the market to bounce off before the next wave lower. If the DXY remains in a Bearish trend, then it is very likely that this currency will continue to hammer support making TP2 a possible extreme to reach before the week is out. There are few opportunities this week for the Bulls starting the week, and if there is a rally the upside resistance band should be the ceiling. Only a rally above the last swing high would reverse the negative forecast and confirm that the longer-term Bull trend is resuming. Should this develop, there will be an update.

USDJPY Weekly Outlook:

Will we get some clarity about direction this week? Maybe. Right now, key off the last swing high as the key directional pivot. Below here the market remains in a sell rally forecast looking for another release. If the intervention is working the trend should resume in a Bearish way and start to grind through support. TP3 is not just a target, it is the first stop on a trend move that has the potential to fall through the downside breakout zone. Long-term projections have the USDJPY trading back around the 150-145.00 area by the end of the 3rd Quarter. Only a rally above the last swing high would reverse the Bearish forecast and put the market on hold for a digestive trade back toward the upside target level. Odds are very good that any trading back in this area will encounter heavy selling pressure. If there is a close up near this area there will be an update.

AUDUSD Weekly Outlook:

AUDUSD Bulls are on the move reaching TP2 and looking to follow through this week up toward TP3. Short-term indicators are starting to get mixed so there is a high probability that a rally into this higher area should run out of gas fast. Beware of a spike high head-fake. As long as the DXY remains weak this currency should remain in the hands of the Bulls. If there is a break below the TP1 level the Bears are likely to test the downside support band. This is all that is expected for any sharp turn to support.

NZDUSD Weekly Outlook:

NZDUSD Bulls have blasted through our upside targets and are likely to have another surge to higher move highs. The upside resistance band is the area the Bulls are likely to reach this week. A short-term pause is expected in this area to digest the trend. If the market is going to remain in a Bullish way for the longer-term it would be good if there was a short-term pullback or digestive phase. Mind the trend in the USD this week to reinforce your position. As long as the DXY remains neutral to lower this currency should continue its trek higher. In the event of a pull back the downside support band is the extreme expected for a break. If there is a failure from this area there will be an update to evaluate if there is a major shift in trend dynamics.

USDCAD Weekly Outlook:

Well, the USDCAD Bears have really pressed the trend, but there are signs that there could be a bounce. Use last week’s swing low as the base for direction this week. Trading above here is likely to be choppy with range trade conditions developing. The critical support range may contain the bulk of volume this week. If there is a rally above this area the Bulls may get a spike high into the upside resistance band. That is all that is expected out of a strong Bullish reversal this week unless the DXY becomes Bullish in a major way. If the Bears get below Friday’s low there is likely to be fresh selling that could send this currency in a free fall into the downside support band before there is a pause. Trying to fade this breaking market may be a bad idea unless there is a very solid buy signal generated. Waiting to sell into rallies is a solid play if you are not already working an existing Short position.