Credit Ágricole: Weekly FX Positions - FJElite

29 Jun 2026 08:20Elite Forex
  • At present, our positioning model G10 FX PIX 3.0 signals that the GBP and AUD are oversold. Subsequently, we have entered long positions in GBP/USD with a target of +4% and a stop-loss of -2% and AUD/USD with a target of +3% and a stop loss of -1.5%. The model is down -1.47% with a hit ratio of 44% over the past twelve months
  • The EUR enjoyed some buying interest last week, predominantly driven by tactical flows. Our FX flow data points at banks, corporates, hedge funds and real money investors inflows.
  • The USD remains the biggest long in the G10 FX after some extra buying interest last week, predominantly driven by IMM flows. Our FX flow data points at banks, corporates, hedge funds and real money Investors outflows.
  • The JPY saw some buying interest last week, predominantly driven by tactical flows. Our FX flow data points at corporates and hedge funds inflows, as well as banks and real money investors outflows
  • The CHF experienced some selling interest last week, predominantly driven by IMM flows. Our FX flow data points at real money investors inflows, as well as banks, corporates and hedge funds outflows.
  • The GBP became the biggest short in the G10 FX space following some selling interest last week, predominantly driven by IMM flows. Our FX flow data points at hedge funds inflows, as well as banks, corporates and real money investors outflows. All in all, the GBP is in oversold territory.
  • The AUD faced some selling interest last week, predominantly driven by IMM flows. Our FX flow data points at banks, corporates and real money investors inflows, as well as hedge funds outflows. All in all, the AUD remains in oversold territory.
  • The CAD saw some selling interest last week, predominantly driven by IMM flows. Our FX flow data points at banks and corporates inflows, as well as hedge funds and real money investors outflows.
  • The NZD experienced some selling interest last week, predominantly driven by IMM flows. Our FX flow data points at banks and real money investors inflows, as well as corporates and hedge funds outflows.
  • The NOK faced some selling interest last week, predominantly driven by tactical flows. Our FX flow data points at real money investors inflows, as well as banks, corporates and hedge funds outflows. All in all, the NOK is no longer in oversold territory.
  • The SEK saw some selling interest last week, predominantly driven by tactical flows. Our FX flow data points at banks and real money investors inflows, as well as corporates and hedge funds outflows.