[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  Kacper Piotr Kaminski [@Kacper_PK_CH](/creator/twitter/Kacper_PK_CH) on x 3122 followers Created: 2025-07-20 14:20:02 UTC Weekly Markets Update – July 21, 2025 – Part X Forex Active Trades • Short $JPY vs $USD • Short $GBP vs $USD Potential Trades • Long $AUD vs $GBP or $EUR General Outlook: $USD, $EUR, $CAD, $GBP, $NZD, $AUD, $CHF, $JPY, $BTC The only real question in the forex market right now is the dollar. Has it found a bottom? Still unclear. If we get a weekly close above XX on the DXY, it could start trending higher. That would have a broad impact, especially on commodities and risk assets. At this point, the decline in the dollar has paused. The only major currencies still in a short-term uptrend against it are the euro and the Swiss franc. One has already flipped to a downtrend, and that is the Japanese yen. The British pound is not far behind. I am currently short both. For the dollar to really regain strength, it has to be allowed to. At the moment there is outright verbal pressure on the Fed chair, strong political pushback, and possibly legal angles being used behind the scenes. That might lead to rate cuts that are more aggressive than expected. One thing already tightening dollar conditions is the Treasury refilling the TGA account, which pulls liquidity out of the system. It is worth keeping in mind that eurodollar flows are global, and the United States does not fully control them. I am also watching the Australian dollar closely. Along with the Swiss franc, it is the only major currency with positive trader positioning. If we are moving into a longer commodity bull market, AUD strength would make sense. Australia is in a strong geopolitical position, with both the United States and China having clear incentives to maintain stable relations. A long trade versus the euro or the pound looks attractive from that perspective. And then there is Bitcoin. It has now broken above its previous all-time high. Unless we see weakness across broader markets, momentum traders will likely continue to chase it as far as their capital can take it.  XXXXX engagements  **Related Topics** [new zealand dollar](/topic/new-zealand-dollar) [euro](/topic/euro) [australian dollar](/topic/australian-dollar) [british pound sterling](/topic/british-pound-sterling) [united states dollar](/topic/united-states-dollar) [japanese yen](/topic/japanese-yen) [get a](/topic/get-a) [money](/topic/money) [Post Link](https://x.com/Kacper_PK_CH/status/1946938151101964344)
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Kacper Piotr Kaminski @Kacper_PK_CH on x 3122 followers
Created: 2025-07-20 14:20:02 UTC
Weekly Markets Update – July 21, 2025 – Part X
Forex
Active Trades
• Short $JPY vs $USD • Short $GBP vs $USD
Potential Trades
• Long $AUD vs $GBP or $EUR
General Outlook: $USD, $EUR, $CAD, $GBP, $NZD, $AUD, $CHF, $JPY, $BTC
The only real question in the forex market right now is the dollar. Has it found a bottom? Still unclear. If we get a weekly close above XX on the DXY, it could start trending higher. That would have a broad impact, especially on commodities and risk assets.
At this point, the decline in the dollar has paused. The only major currencies still in a short-term uptrend against it are the euro and the Swiss franc. One has already flipped to a downtrend, and that is the Japanese yen. The British pound is not far behind. I am currently short both.
For the dollar to really regain strength, it has to be allowed to. At the moment there is outright verbal pressure on the Fed chair, strong political pushback, and possibly legal angles being used behind the scenes. That might lead to rate cuts that are more aggressive than expected. One thing already tightening dollar conditions is the Treasury refilling the TGA account, which pulls liquidity out of the system. It is worth keeping in mind that eurodollar flows are global, and the United States does not fully control them.
I am also watching the Australian dollar closely. Along with the Swiss franc, it is the only major currency with positive trader positioning. If we are moving into a longer commodity bull market, AUD strength would make sense. Australia is in a strong geopolitical position, with both the United States and China having clear incentives to maintain stable relations. A long trade versus the euro or the pound looks attractive from that perspective.
And then there is Bitcoin. It has now broken above its previous all-time high. Unless we see weakness across broader markets, momentum traders will likely continue to chase it as far as their capital can take it.
XXXXX engagements
Related Topics new zealand dollar euro australian dollar british pound sterling united states dollar japanese yen get a money