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Currencies Forecast Poll


The Forex Forecast Poll is a currency sentiment tool that highlights our selected experts' near and medium term mood and calculates trends according to Friday's 15:00 GMT price. The #FXpoll is not to be taken as signal or as final target, but as an exchange rates heat map of where sentiment and expectations are going.

Pair Average levels
1 Week 1 Month 1 Quarter
EURUSD 1.1196 1.1158 1.0905
GBPUSD 1.5444 1.5301 1.5196
USDJPY 119.30 118.93 121.60
USDCHF 0.9486 0.9449 0.9527
AUDUSD 0.7743 0.7712 0.7605
Pair Average levels
1 Week 1 Month 1 Quarter
USDCAD 1.2395 1.2539 1.2746
NZDUSD 0.7588 0.7481 0.7329
GBPJPY 184.12 183.27 185.57
EURJPY 133.25 132.20 133.07
EURGBP 0.7217 0.7283 0.7205

*Updated on Fridays at 15:00*

March 2 to 6, 2015

EURUSD 1 Week 1 Month 1 Quarter 1 Week 1 Month 1 Quarter
Levels Trend
Fri, Feb 27 2015, 17:00 GMT
Adam Narczewski 1.1350 1.1250 1.1100 Bullish Sideways Sideways
Anil Panchal 1.1080 0.9960 1.1450 Bearish Bearish Bullish
ANZ FX Strategy Team - 1.1200 1.1200 - Sideways Sideways
Austin Galt 1.1200 1.1600 1.1800 Sideways Bullish Bullish
Claudiu Cazacu 1.1100 1.1000 1.0900 Bearish Bearish Bearish
Danske Research Team - 1.1200 1.1100 - Sideways Sideways
Elizaveta Belugina 1.1100 1.1000 1.0800 Bearish Bearish Bearish
Growth Aces Research Team 1.1440 1.1700 1.2000 Bullish Bullish Bullish
Haresh Menghani 1.0945 1.1090 1.0765 Bearish Bearish Bearish
ING Global Economics Team - 1.1000 1.0500 - Bearish Bearish
J.P. Morgan Global FX Strategy - 1.1000 1.1400 - Bearish Bullish
Jeff Langin 1.1150 1.1050 - Bearish Bearish -
Jim Devonport 1.1200 1.1150 1.0005 Sideways Sideways Bearish
Kira Iukhtenko 1.1200 1.1000 0.8000 Sideways Bearish Bearish
Neal Gilbert 1.1300 1.1000 1.0800 Bullish Bearish Bearish
Nenad Kerkez 1.1100 - - Bearish - -
Rabobank Financial Markets Research Team - 1.1400 1.1300 - Bullish Sideways
Richard Perry 1.1260 1.1100 1.1000 Bullish Sideways Bearish
Ross Yamashita 1.1150 1.1800 1.0800 Bearish Bullish Bearish
Scotiabank FX Strategy Team - 1.1300 1.1000 - Bullish Bearish
Swissquote Bank Research Team 1.1250 1.1200 1.0800 Bullish Sideways Bearish
TD Securities Research Team - 1.1000 1.0500 - Bearish Bearish
Vasilis Tsaprounis 1.1400 1.1600 1.1800 Bullish Bullish Bullish
Westpac Institutional Bank Team - 1.1200 - - Sideways -
Yohay Elam 1.1100 1.1000 1.0900 Bearish Bearish Bearish
Average 1.1196 1.1158 1.0905 Sideways Sideways Sideways

EURUSD Comments:

  • Anil Panchal:

    Descending trend-line on Daily chart, coupled with the stronger USD, continue signaling pair's decline towards parity level.

  • Austin Galt:

    Looking for higher low below 1,12 before bear rally really kicks into gear.

  • Claudiu Cazacu:

    Payroll data would possibly enhance the dollar, yet even before that traders would have to adapt to a more hawkish Fed.

  • Elizaveta Belugina:

    For now we should view the European QE as a contrary to the Fed’s plans to start raising rates. This means that the euro will get sold on the attempts to increase.

  • Growth Aces Research Team:

    There are a lot of U.S. data releases scheduled for this week, but markets will focus mainly on the ISM index and non-farm payrolls data. Investors will turn their attention also on the ECB meeting and Mario Draghi delivering a new set of macroeconomic forecasts. We may expect some upward revisions for GDP growth forecasts by the ECB, which will support the EUR. Furthermore, markets will be looking to see whether final PMI data from Euro zone countries. We maintain our bullish EUR/USD outlook and expect the rate to return to at least 1.1400 soon. We do not see strong reasons for further depreciation of the EUR against the USD and in our opinion long position is relatively safe now.

  • Jeff Langin:

    1.1400 should cap the topside before the next leg down.

  • Neal Gilbert:

    The EUR is a lot more resilient than people think, which could lead to sideways action or a short squeeze.

  • Nenad Kerkez:

    Further weakness of EURUSD is imminent if EURUSD makes a daily close below 1.1200

  • Richard Perry:

    The sbreakdown of $1.1260 has been a lkey near term move and should ensure pressure now back on the lows again, with the dollar ready to embark upon the next bull run.

  • Yohay Elam:

    It's back to monetary policy divergence, which could send the pair much lower

Risk Disclosure

This forecast has just an informative meaning and cannot be treated as the guide to action, signal, recommendation or an offer to carry out certain trading operation. The experts of this poll expresses personal opinions and will not assume any responsibility whatsoever for the actions of the reader.We always aim for maximum accuracy, and FXStreet cannot be held responsible for inaccurate information or typos.

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