Forex bias for every major currency
A forex bias is the side you expect a currency to move to, and the reason you expect it. Ours is the desk’s Bias for each of the ten major currencies, read from the fundamentals rather than from the chart. Each one comes with a Confidence and the reasons behind it.
| Currency | Score | Bias | Confidence |
|---|---|---|---|
 GBP | +7 | Bullish | Moderate |
 CAD | +4 | Slight Bullish | High |
 USD | +1 | Neutral | Moderate |
 CHF | −1 | Mixed | Low |
 EUR | −3 | Slight Bearish | Low |
 NZD | −9 | Bearish | Moderate |
What a Bias tells you
The Bias is one word on a fixed scale of eight: Strong Bullish, Bullish, Slight Bullish, Neutral, Mixed, Slight Bearish, Bearish and Strong Bearish.
- Neutral means no meaningful move is expected. Mixed means the signals contradict each other. They are not the same thing.
- Confidence says how well founded the Bias is: low, moderate or high. It is judged on its own, so a Strong Bullish Bias can carry low Confidence.
- Nine currencies are judged against the US dollar, and the dollar against the other nine.
- Every Bias opens onto its reasons, heaviest first, and what could change it.
From a currency’s Bias to a pair
A pair has two currencies, so two Biases. The desk reads both and gives the pair a Call of its own: Buy, Sell or Range, on every pair it trades.
Before you take a setup, you can check it against that Call: does the trade go with the fundamentals or against them? Alerts on the pairs you follow tell you when the picture shifts.
How the desk works
Every Bias, Score and Call comes from the same routine.
It reads the sources: central banks, statistics offices and the CFTC’s positioning report.
It scores each of the ten currencies Factor by Factor; the Score adds them up.
It gives each currency a Bias with a Confidence, and each pair it trades a Call: Buy, Sell or Range.
It writes down why, and what would change the call.
It reads a call again when the data behind it changes: a release, a central-bank decision, a shift in positioning.
It is research, not a signal service: entry, size and exit stay yours.
Questions
Is the bias daily or weekly?
Neither, on a timer. A Bias is read again when the data behind it changes: a release, a central-bank decision, a shift in positioning. Most days most Biases hold, and the Daily brief says which ones moved and why.
What is a fundamental bias?
A bias built from the economy behind a currency, its interest rates, inflation, growth and central bank, rather than from price patterns. It is the only kind the desk publishes.
Is the forex bias a trade signal?
No. It says which side the fundamentals are on and how sure the desk is. When to enter, how much to risk and where to exit stay your decisions.
Forex Fundamentals is research, not investment advice: entry, size and exit stay yours. Trading foreign exchange carries risk.