New Forex Stuff QFXData.com - AI Forex Analysis

EUR news over the last 24 hours was stronger than USD, with more positive and less negative coverage, which keeps the euro supported on sentiment.

Markets are focused on ECB tightening hopes for EUR, while USD is being driven by inflation and renewed Fed hike expectations.

Positioning analysis still points down with 65 percent confidence as shorts ease and longs rise slightly.

Charts also favor a near term EURUSD pullback, with both short term and long term views pointing lower.
 

Attachments

  • CFDK9K5Y.webp
    CFDK9K5Y.webp
    71.5 KB · Views: 1
GBPUSD news sentiment over the last 24 hours favors USD.
GBP stayed mixed with 29 positive, 22 negative and 47 neutral, while USD was stronger with 51 positive, 19 negative and 27 neutral.
Sterling is supported by better domestic growth, but BoE caution keeps conviction limited.
The dollar is backed by higher yields and inflation concerns.
Positioning analysis points to a mild short term downside bias.
Charts show a sideways market with mid term weakness and a short term pullback lower.
 

Attachments

  • W2M63B4L.webp
    W2M63B4L.webp
    75.4 KB · Views: 1
EURUSD still looks pressured by sentiment over the last 24 hours.
EUR news was mostly negative while USD news stayed strongly positive, which keeps the fundamental edge with the dollar.
Main drivers are Fed tightening expectations, higher Treasury yields and risk aversion, while the euro faces sticky inflation concerns and weak German signals.
Positioning analysis shows net long exposure remains high, which supports a contrarian downside view.
Charts are rangebound overall but short term trend is down with sellers favored on rallies.
 

Attachments

  • 66EXQGKU.webp
    66EXQGKU.webp
    76 KB · Views: 1
USDJPY news flow favors the upside for now.

In the last 24 hours, USD sentiment was mostly positive while JPY sentiment was mostly negative, which supports a near term bullish bias.

The main drivers are Fed tightening expectations and higher Treasury yields, while the yen faces mixed BoJ expectations and intervention risk.

Positioning analysis points to sideways consolidation short term.

Charts still show a broader bearish phase, but both short term and long term views favor a bounce higher from support.
 
AUDUSD still faces a tough macro backdrop.
In the last 24 hours, AUD news sentiment was mostly negative while USD sentiment was strongly positive.
AUD is pressured by risk off mood, China demand concerns, and weak follow through from commodities, while USD is supported by hawkish Fed expectations, firm retail sales, and higher yields.
Positioning analysis points to sideways trade with a mild bearish tilt.
Charts still show a short term bounce, but upside likely needs a clean push toward 0.724.
 
USDJPY looks supported by the latest 24 hour sentiment data.
USD news was slightly positive while JPY news was heavily negative, which gives the pair a bullish fundamental tilt.
The main drivers are hawkish Fed expectations and resilient US growth, while the yen stays weak on unconvincing BoJ tightening signals.
Positioning analysis also points up with 72 percent confidence as shorts rise and longs flatten.
Charts still show mid term caution, but short term momentum remains bullish with focus on 158 to 160.
 
Back
Top