QFXData.com - Forex AI Analysis

[paulporto]

AUDUSD is showing a near term bearish bias with a 75 percent downside call as price makes lower highs after the early May peak.
News sentiment over the last 24 hours favors USD with 56 positive and 27 negative while AUD is weaker with 23 positive and 51 negative.
Positioning is a contrarian warning since shorts have been falling while longs rose which points to downside with 70 confidence.

 

[paulporto]

AUDUSD sentiment over the last 24 hours is mixed with AUD slightly more negative than positive and USD also negative overall.
Despite the headline tone the model leans bullish short term with 75 percent confidence after higher lows from support near 0.709 aiming at 0.719 to 0.727.
Positioning is heavily short at 73 percent and the contrarian read supports an upside push.
Longer term price is still consolidating near 0.71.

 

[paulporto]

EURUSD is range bound overall, but the short term bias is up with 75 percent confidence after a bounce from around 1.1580 and higher lows pushing into 1.1680 to 1.1720.
News sentiment over the last 24 hours is slightly negative for EUR and more positive for USD, which can cap rallies.
Positioning analysis points to short term downside with 65 percent confidence as longs rose while shorts fell.

 

[paulporto]

GBPUSD is range bound on H1 after a mid term drop and the short term model stays sideways with 80 percent confidence.
Longer view still sits in a wider range but shows a short term bounce bias with 75 percent confidence.
News sentiment over the last 24 hours favors GBP with 66 percent positive and no negative while USD is mixed with 42 percent positive and 31 percent negative.
Position flows show shorts collapsed while longs dipped so net pressure leans to a short term rise with 65 percent confidence.

 

[paulporto]

USDJPY is in an overall uptrend but price is stalling near 159.8 to 160.2 and both models lean sideways with 75 percent confidence.
USD news in the last 24 hours was slightly positive with 39 positive versus 30 negative.
JPY sentiment was also positive with 44 positive versus 33 negative which can cap upside.
Positioning stays heavily net short at 77 percent and the analysis expects range bound action.

 

[paulporto]

AUDUSD news sentiment over the last 24 hours favors USD strongly with 73 positive and only 15 negative.
AUD sentiment is weaker with 18 positive and 47 negative, which can keep downside pressure.
Short term charts point down with 75 percent confidence after a range breakdown and lower highs.
Positioning analysis suggests a contrarian short term bounce as shorts rise and longs fall, with 75 confidence.

 

[paulporto]

USDJPY news flow stays USD supportive and JPY heavy.
In the last 24 hours USD sentiment was 36 positive and 44 negative with 17 neutral.
JPY sentiment was 2 positive and 69 negative with 27 neutral.
USD is backed by strong labor data and higher for longer Fed pricing plus some safe haven demand.
JPY remains pressured by yield spreads despite BoJ talk and intervention warnings.
Positioning analysis sees shorts falling and longs rising but net shorts still dominate so short term downside risk.
Charts show an overall uptrend but short term is consolidating near 160 with support around 158.8 to 159.2.