The Tiger Forex Report – Week of 06/22 – 06/26/2026

The DXY continues to defy the Interest Rate and economic fundamentals with the current Bull market rally. Well, here is the reality that many refuse to accept. USD strength is here because BRICs is destroyed, tariffs (Must be paid in USD = Demand for USD), and the return of the Petrol$$$(USD)$$$. There is no other explanation…unless everyone dumping crypto is buying USD. Nah!!!

Crude Oil continues to dump as tankers are getting back in motion. Price action is price action. Lower move lows and lower move highs spell Bear Trend until there is a valid signal confirming otherwise. All rallies are expected to just be profit taking corrections in the short-term.

30yr T-Bond Yields continue to defy the talking heads and economists. The market is always right. Another challenge of the upside resistance band is on the agenda this week. Short-term trend dynamics are higher move highs and higher move lows. Following the trend most likely is the best advice moving forward with the new FED transition in place.

EURUSD Weekly Outlook:

EURUSD Bears continue to probe support in the wake of an ECB rate hike. How is that working out for all of you that follow global economists market forecasts. USD strength is no joke, and all pullbacks in the short-term are expected to be just profit taking corrections. Another test of the critical support band is very likely this week. If there is a close below here it would be a big indication that this FX pair is looking to unwind into the end of the month and second quarter. That is right folks we are almost on the cusp of the third quarter for 2026. Odds are very high that there is going to be a nice bounce in this currency soon, so be sure to be mindful of your protective Stops if you are playing the Short side. A rally this week is likely to be capped by the upside resistance band. Only a close above this area would take us off the negative outlook and put this FX pair into a most likely big range trade situation.

GBPUSD Weekly Outlook:

The Bears are pounding this market and are ready to try and follow through to the downside support band. If there is going to be a bounce this area is very likely to be where Bearish momentum will run out of gas and set the stage for a corrective rally. A close under the downside support band this week would be something that long-term trend traders will be watching closely. Trading back at these lower levels will be driving new move lows in a major way alerting Monthly, Weekly, and Daily traders as to serious support levels being tested. USD strength is for real, and the UK economy is crashing. If fundamentals really kick into gear the Bears may get this currency all the way back to the 1.1850 area before the holidays. That would be the Christmas time holidays. Should the Bulls catch a bid and get a profit taking move in motion the upside resistnance band will likely cap upside momentum. In the event that there is a close above this area there will be an update.

USDCHF Weekly Outlook:

USDCHF Bulls have proven that the rally in motion is not a correction, but rather a major show of USD strength. Odds are good that the Bulls will make a play for the upside resistance band this week. If you are a Bear, it would be advisable to wait for a solid Sell signal before trying to fade this move. This currency is in a buy break posture for the short-term, and will remain so until there is a change in trend dynamics. If there is a Bearish reprieve it will most likely be just a correction and a break to buy. Before the last six months this was the one currency that was a long-term Bear, however, if the current trend gets back to the 0.8875 area things will be different. Who knows…maybe in a few months we will be looking at a run for parity with the Swissie.

USDJPY Weekly Outlook:

USDJPY Bulls are not giving up on pressing through resistance even in the wake of a rate hike. A challenge of the upside resistance band is on the to do list this week, but this should put a lid on upside momentum for a bit. Sustained trading above the upside target level would be a good indication that the Bulls will keep trying to inch higher. Trading below the upside target level puts the rally on hold for a pause for the cause. Most likely a pullback in the market will just be a profit taking move. Unless Crude Oil really takes a hit and Yields continue to retreat. Then there is a good chance that the Bears will get a solid break in motion and pound new multi month lows back not just to the downside support band, but also the downside target level.

AUDUSD Weekly Outlook:

The AUDUSD may be getting ready for a little digestive phase. Currently the market is chopping around in the heart of the range trade that this currency has been stuck in for months. Most likely there will be another test of support to the downside target level. If there is a print below here, then there is a good chance that the Bears will press the leg lower into the downside support band. Sustained trading above the downside target level puts this FX pair in limbo all the way up to the upside resistance band. This is all that is expected out of the Bulls this week unless there is a serious unwinding in the USD. Watch the DXY for USD strength to give you a potential edge.

NZDUSD Weekly Outlook:

Will the critical downside support band hold this freefalling Bear from continuing lower this week? If there is going to be a turn it is very likely to occur here. However, it would be advisable to wait for a valid signal before trying to fade this breaking market. Lower move lows could still pile drive support through major monthly lows and send the NZDUSD back towards the 0.5580 area. Trading above the critical support band puts the slide on hold for a digestive sideways trade. If there is a Bullish surge the upside resistance band should put a stop to the rally.

USDCAD Weekly Outlook:

Up! Up! And Away! USDCAD Bulls are powering higher and are on a mission to hit the upside resistance band before the quarter is through. This move has gone parabolic and Canadian economics are fueling CAD weakness. Most global currencies are slamming the CAD, so it is not just USD strength. In fact, the USD is strong against most currencies, and that speaks volumes as to CAD weakness. If there is a retreat in pricing the market should not get lower than the downside support band. Only a failure from this area would change the Bullish outlook. As it stands the USD sill remain very strong against the CAD even once the FED starts to cut Interest Rates.