- The theme of the strong US Dollar remains but for how long?
- Bitcoin remains a short
- USDCNH could become a bigger story in the coming weeks
Currency Markets
Weekly overview of Currency and Commodity Markets published on Sunday. Includes occasional intraweek updates, DeMark analysis, Sentiment analysis, Commitment of Traders analysis and more.
Currency Weekly May 1, 2022
- The US Dollar domination has continued and the setup for a reversal is there but let’s see if this is the week
- I know I might sound like the boy who cried wolf
Currency Weekly April 24, 2022
- Currency Weekly
- The theme of the US Dollar strength remains as a safe haven trade
- Sentiment is stretched and there are some pending DeMark exhaustion signals
- Euro, Swiss Franc, and some of the Yen crosses are starting to look like a reversal is near
Currency Weekly April 18, 2022
- The US Dollar strength has continued despite the extreme bullish sentiment and more DeMark sell Countdown exhaustion signals triggering
- Bitcoin is failing again
- A potential change in main them exists
Currency Weekly April 10, 2022
- The currency weekly has an interesting setup with the US Dollar strength due to be tested
- There are several DeMark sell Countdown 13’s combined with peak bullish sentiment at 91%
- Bitcoin failed to continue higher and as mentioned on a Hedge Fund Telemetry note last week, a stop at 44,000 was hit
Currency Weekly March 27, 2022
- This week saw some interesting currency moves
- US Dollar strength has continued however several currencies are starting to break out
- Bitcoin bullish sentiment is now above the majority line at 61% and has upside potential
- The Chinese Yuan is quietly weakening again