We are now officially starting the Summertime trade.

There are some exciting things shaping up in the Forex markets. Some FX pairs are range bound, but others are showing signs of new trends. Divergence is throwing most traders off. Are you ready? Sure you are. Keep your eye on the prize, and keep your expectations rational.

What to look for this week:

- The DXY is starting the holiday week off by leaning on the Downside Target Level. More downside pressure is likely over the next few days.

- 30yr T-Bond Yields are pressing higher. Key off last week’s low. Trading above here secures a short-term bottom and could spark a nice bounce.

- EURUSD Bulls are off and running to start out the last week of the month.

-Is Bullish momentum building in the GBPUSD? Maybe. The Bulls are expected to press resistance for a few sessions.

- The USDCAD is starting the week off with new move lows. More market action has occurred in the past few weeks than in couple of months. Beware of trying to catch a falling knife.

The Tiger Forex Report

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