StraviaX Weekly Report

Forex Macro Bias Report — Week of 6 July 2026

Weekly FX macro bias report covering directional pressure, conviction, COT positioning, sentiment, central banks and seasonality across 28 FX pairs for the week of 6 July 2026.

Data freshness — Scores calculated 2026-07-12T09:00:10.858+00:00 · COT report 2026-07-07 · Retail sentiment snapshot 2026-07-12 · Central bank rates verified 2026-06-23T22:07:30.409157+00:00.

Confluence scores identify macro bias and pair selection. They do not generate trade entries or execution signals.

PairScoreBiasTop driver
EURUSD -9 Strong Bear COT Positioning: strongly bearish (-2)
EURCAD -8 Strong Bear GDP: strongly bearish (-2)
EURCHF -7 Strong Bear COT Positioning: bearish (-1)
EURAUD -6 Strong Bear COT Positioning: bearish (-1)
EURNZD -6 Strong Bear COT Positioning: bearish (-1)
AUDUSD -5 Strong Bear COT Positioning: strongly bearish (-2)
EURJPY -5 Strong Bear COT Positioning: bearish (-1)
AUDJPY -5 Strong Bear COT Positioning: bearish (-1)
AUDCHF -5 Strong Bear COT Positioning: bearish (-1)
GBPUSD -4 Strong Bear COT Positioning: bearish (-1)
NZDUSD -3 Bearish COT Positioning: strongly bearish (-2)
EURGBP -3 Bearish COT Positioning: bearish (-1)
GBPCHF -3 Bearish Retail Sales: strongly bearish (-2)
GBPNZD -3 Bearish Retail Sales: strongly bearish (-2)
NZDCAD -3 Bearish GDP: strongly bearish (-2)
USDCAD +2 Bullish COT Positioning: strongly bullish (+2)
GBPJPY -2 Bearish COT Positioning: bearish (-1)
AUDNZD -2 Bearish COT Positioning: bearish (-1)
USDJPY +1 Mild Bull COT Positioning: bullish (+1)
USDCHF +1 Mild Bull COT Positioning: strongly bullish (+2)
GBPAUD -1 Mild Bear COT Positioning: bearish (-1)
GBPCAD -1 Mild Bear Unemployment: strongly bearish (-2)
AUDCAD -1 Mild Bear Unemployment: bearish (-1)
NZDCHF -1 Mild Bear COT Positioning: strongly bearish (-2)
CADJPY -1 Mild Bear COT Positioning: strongly bearish (-2)
CHFJPY -1 Mild Bear COT Positioning: bearish (-1)
NZDJPY 0 Neutral COT Positioning: bearish (-1)
CADCHF 0 Neutral COT Positioning: strongly bearish (-2)

EURUSD — Strong Bear (-9)

Key drivers

  • COT Positioning: strongly bearish (-2)
  • Interest Rate Differential: bearish (-1)
  • GDP: strongly bearish (-2)
  • Retail Sales: strongly bearish (-2)

Conflicts

No conflicts.

July has no strong seasonal pattern for EURUSD (avg -0.2%).

EURCAD — Strong Bear (-8)

Key drivers

  • GDP: strongly bearish (-2)
  • Retail Sentiment (contrarian): strongly bearish (-2)
  • Unemployment: strongly bearish (-2)
  • CPI: strongly bearish (-2)

Conflicts

  • COT Positioning: bullish (+1)

July seasonality data unavailable for EURCAD.

EURCHF — Strong Bear (-7)

Key drivers

  • COT Positioning: bearish (-1)
  • GDP: strongly bearish (-2)
  • Retail Sales: strongly bearish (-2)
  • Unemployment: strongly bearish (-2)

Conflicts

  • Interest Rate Differential: strongly bullish (+2)
  • Retail Sentiment (contrarian): bullish (+1)

July seasonality data unavailable for EURCHF.

EURAUD — Strong Bear (-6)

Key drivers

  • COT Positioning: bearish (-1)
  • Interest Rate Differential: strongly bearish (-2)
  • GDP: strongly bearish (-2)
  • Retail Sales: strongly bearish (-2)

Conflicts

  • CPI: strongly bullish (+2)

July seasonality data unavailable for EURAUD.

EURNZD — Strong Bear (-6)

Key drivers

  • COT Positioning: bearish (-1)
  • Retail Sales: strongly bearish (-2)
  • Retail Sentiment (contrarian): bearish (-1)
  • Unemployment: strongly bearish (-2)

Conflicts

No conflicts.

July seasonality data unavailable for EURNZD.

AUDUSD — Strong Bear (-5)

Key drivers

  • COT Positioning: strongly bearish (-2)
  • GDP: strongly bearish (-2)
  • Retail Sales: strongly bearish (-2)
  • CPI: strongly bearish (-2)

Conflicts

  • Interest Rate Differential: bullish (+1)
  • Seasonality: bullish (+1)

July seasonality is historically bullish for AUDUSD (avg +0.4%) — conflicts with the bearish bias.

EURJPY — Strong Bear (-5)

Key drivers

  • COT Positioning: bearish (-1)
  • GDP: strongly bearish (-2)
  • Retail Sales: strongly bearish (-2)
  • Unemployment: strongly bearish (-2)

Conflicts

  • Interest Rate Differential: bullish (+1)
  • Retail Sentiment (contrarian): bullish (+1)
  • CPI: strongly bullish (+2)

July seasonality data unavailable for EURJPY.

AUDJPY — Strong Bear (-5)

Key drivers

  • COT Positioning: bearish (-1)
  • GDP: strongly bearish (-2)
  • Retail Sales: strongly bearish (-2)
  • Unemployment: bearish (-1)

Conflicts

  • Interest Rate Differential: strongly bullish (+2)
  • Seasonality: strongly bullish (+2)

July seasonality data unavailable for AUDJPY.

AUDCHF — Strong Bear (-5)

Key drivers

  • COT Positioning: bearish (-1)
  • GDP: strongly bearish (-2)
  • Retail Sales: strongly bearish (-2)
  • CPI: strongly bearish (-2)

Conflicts

  • Interest Rate Differential: strongly bullish (+2)
  • Retail Sentiment (contrarian): strongly bullish (+2)
  • Seasonality: bullish (+1)

July seasonality data unavailable for AUDCHF.

GBPUSD — Strong Bear (-4)

Key drivers

  • COT Positioning: bearish (-1)
  • Retail Sales: strongly bearish (-2)
  • Unemployment: strongly bearish (-2)
  • CPI: strongly bearish (-2)

Conflicts

  • Retail Sentiment (contrarian): bullish (+1)
  • Momentum (beats vs misses): strongly bullish (+2)

July seasonality is historically bearish for GBPUSD (avg -0.5%) — aligns with the bearish bias.

NZDUSD — Bearish (-3)

Key drivers

  • COT Positioning: strongly bearish (-2)
  • Interest Rate Differential: bearish (-1)
  • GDP: strongly bearish (-2)
  • CPI: strongly bearish (-2)

Conflicts

  • Momentum (beats vs misses): strongly bullish (+2)

July has no strong seasonal pattern for NZDUSD (avg +0.2%).

EURGBP — Bearish (-3)

Key drivers

  • COT Positioning: bearish (-1)
  • Interest Rate Differential: bearish (-1)
  • GDP: strongly bearish (-2)
  • Retail Sentiment (contrarian): strongly bearish (-2)

Conflicts

  • CPI: strongly bullish (+2)
  • Seasonality: bullish (+1)

July seasonality data unavailable for EURGBP.

GBPCHF — Bearish (-3)

Key drivers

  • Retail Sales: strongly bearish (-2)
  • Unemployment: strongly bearish (-2)
  • CPI: strongly bearish (-2)
  • Seasonality: bearish (-1)

Conflicts

  • Interest Rate Differential: strongly bullish (+2)
  • Retail Sentiment (contrarian): strongly bullish (+2)
  • Momentum (beats vs misses): bullish (+1)

July seasonality data unavailable for GBPCHF.

GBPNZD — Bearish (-3)

Key drivers

  • Retail Sales: strongly bearish (-2)
  • Unemployment: strongly bearish (-2)
  • CPI: strongly bearish (-2)
  • Seasonality: bearish (-1)

Conflicts

  • Interest Rate Differential: bullish (+1)
  • GDP: strongly bullish (+2)
  • Retail Sentiment (contrarian): strongly bullish (+2)

July seasonality data unavailable for GBPNZD.

NZDCAD — Bearish (-3)

Key drivers

  • GDP: strongly bearish (-2)
  • Unemployment: bearish (-1)
  • CPI: strongly bearish (-2)

Conflicts

  • COT Positioning: bullish (+1)
  • Retail Sales: strongly bullish (+2)
  • Retail Sentiment (contrarian): strongly bullish (+2)

July seasonality data unavailable for NZDCAD.

USDCAD — Bullish (+2)

Key drivers

  • COT Positioning: strongly bullish (+2)
  • Interest Rate Differential: bullish (+1)
  • GDP: strongly bullish (+2)
  • Retail Sales: strongly bullish (+2)

Conflicts

  • Unemployment: bearish (-1)
  • Momentum (beats vs misses): strongly bearish (-2)

July has no strong seasonal pattern for USDCAD (avg +0.2%).

GBPJPY — Bearish (-2)

Key drivers

  • COT Positioning: bearish (-1)
  • Retail Sales: strongly bearish (-2)
  • Unemployment: strongly bearish (-2)

Conflicts

  • Interest Rate Differential: strongly bullish (+2)
  • Retail Sentiment (contrarian): bullish (+1)

July seasonality data unavailable for GBPJPY.

AUDNZD — Bearish (-2)

Key drivers

  • COT Positioning: bearish (-1)
  • Retail Sales: strongly bearish (-2)
  • CPI: strongly bearish (-2)
  • Momentum (beats vs misses): strongly bearish (-2)

Conflicts

  • Interest Rate Differential: strongly bullish (+2)
  • GDP: strongly bullish (+2)
  • Retail Sentiment (contrarian): bullish (+1)

July seasonality data unavailable for AUDNZD.

USDJPY — Mild Bull (+1)

Key drivers

  • COT Positioning: bullish (+1)
  • Interest Rate Differential: strongly bullish (+2)
  • Retail Sentiment (contrarian): bullish (+1)
  • CPI: strongly bullish (+2)

Conflicts

  • Unemployment: bearish (-1)
  • Momentum (beats vs misses): strongly bearish (-2)

July seasonality is historically bullish for USDJPY (avg +0.6%) — aligns with the bullish bias.

USDCHF — Mild Bull (+1)

Key drivers

  • COT Positioning: strongly bullish (+2)
  • Interest Rate Differential: strongly bullish (+2)
  • Retail Sentiment (contrarian): bullish (+1)

Conflicts

  • Momentum (beats vs misses): bearish (-1)

July has no strong seasonal pattern for USDCHF (avg +0.1%).

GBPAUD — Mild Bear (-1)

Key drivers

  • COT Positioning: bearish (-1)
  • Interest Rate Differential: bearish (-1)
  • Retail Sales: strongly bearish (-2)
  • Unemployment: strongly bearish (-2)

Conflicts

  • GDP: strongly bullish (+2)
  • Retail Sentiment (contrarian): strongly bullish (+2)
  • Momentum (beats vs misses): strongly bullish (+2)

July seasonality data unavailable for GBPAUD.

GBPCAD — Mild Bear (-1)

Key drivers

  • Unemployment: strongly bearish (-2)
  • CPI: strongly bearish (-2)

Conflicts

  • COT Positioning: bullish (+1)
  • Interest Rate Differential: bullish (+1)
  • GDP: strongly bullish (+2)

July seasonality data unavailable for GBPCAD.

AUDCAD — Mild Bear (-1)

Key drivers

  • Unemployment: bearish (-1)
  • CPI: strongly bearish (-2)
  • Momentum (beats vs misses): strongly bearish (-2)

Conflicts

  • COT Positioning: bullish (+1)
  • Interest Rate Differential: strongly bullish (+2)
  • Retail Sales: strongly bullish (+2)

July seasonality data unavailable for AUDCAD.

NZDCHF — Mild Bear (-1)

Key drivers

  • COT Positioning: strongly bearish (-2)
  • GDP: strongly bearish (-2)
  • CPI: strongly bearish (-2)

Conflicts

  • Interest Rate Differential: strongly bullish (+2)
  • Retail Sentiment (contrarian): strongly bullish (+2)
  • Momentum (beats vs misses): bullish (+1)

July seasonality data unavailable for NZDCHF.

CADJPY — Mild Bear (-1)

Key drivers

  • COT Positioning: strongly bearish (-2)
  • GDP: strongly bearish (-2)
  • Retail Sales: strongly bearish (-2)
  • Retail Sentiment (contrarian): bearish (-1)

Conflicts

  • Interest Rate Differential: bullish (+1)
  • CPI: strongly bullish (+2)
  • Seasonality: bullish (+1)

July seasonality data unavailable for CADJPY.

CHFJPY — Mild Bear (-1)

Key drivers

  • COT Positioning: bearish (-1)
  • Interest Rate Differential: bearish (-1)
  • Unemployment: bearish (-1)
  • Momentum (beats vs misses): bearish (-1)

Conflicts

  • Retail Sentiment (contrarian): strongly bullish (+2)
  • CPI: strongly bullish (+2)
  • Seasonality: bullish (+1)

July seasonality data unavailable for CHFJPY.

NZDJPY — Neutral (0)

Key drivers

  • COT Positioning: bearish (-1)
  • Interest Rate Differential: bullish (+1)
  • GDP: strongly bearish (-2)
  • Unemployment: bearish (-1)

Conflicts

No conflicts.

July seasonality data unavailable for NZDJPY.

CADCHF — Neutral (0)

Key drivers

  • COT Positioning: strongly bearish (-2)
  • Interest Rate Differential: strongly bullish (+2)
  • GDP: strongly bearish (-2)
  • Retail Sales: strongly bearish (-2)

Conflicts

No conflicts.

July seasonality data unavailable for CADCHF.