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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 1.2468 1.2386 1.2375
GBPUSD 1.5965 1.5869 1.5895
USDJPY 111.85 112.51 112.09
USDCHF 0.9683 0.9784 0.9794
AUDUSD 0.8719 0.8653 0.8679
Pair Average levels
1 Week 1 Month 1 Quarter
USDCAD 1.1308 1.1343 1.1343
NZDUSD 0.7758 0.7692 0.7685
GBPJPY 179.09 181.47 182.83
EURJPY 139.94 139.94 141.15
EURGBP 0.7792 0.7745 0.7696

*Updated on Fridays at 15:00*

November 3 to 7, 2014

EURUSD 1 Week 1 Month 1 Quarter 1 Week 1 Month 1 Quarter
Levels Trend
Fri, Oct 31 2014, 17:00 GMT
Adam Narczewski 1.2600 1.2300 1.2200 Bullish Bearish Bearish
Alberto Muñoz, PhD 1.2480 1.2275 1.2130 Sideways Bearish Bearish
Anthony Wu, CFA 1.2300 1.2300 1.2100 Bearish Bearish Bearish
ANZ FX Strategy Team - - 1.2800 - - Bullish
BTMU Global Markets Research - - 1.2600 - - Sideways
Danske Research Team - - 1.2200 - - Bearish
Growth Aces Research Team 1.2440 1.2400 1.2300 Bearish Bearish Bearish
Haresh Menghani 1.2330 1.2275 1.2300 Bearish Bearish Bearish
HSBC Global Research Team - - 1.2500 - - Sideways
ICN.com analysis team 1.2485 1.2405 1.2260 Sideways Bearish Bearish
J.P. Morgan Global FX Strategy - - 1.2500 - - Sideways
Jarratt Davis 1.2400 1.2300 1.2200 Bearish Bearish Bearish
Jeff Langin 1.2460 - - Bearish - -
Mauricio Carrillo 1.2300 1.2210 1.1830 Bearish Bearish Bearish
Neal Gilbert 1.2600 1.2400 1.2200 Bullish Bearish Bearish
Nenad Kerkez 1.2650 - - Bullish - -
Rabobank Financial Markets Research Team - 1.2700 1.2600 - Bullish Sideways
RBS Team - - 1.2700 - - Bullish
Scotiabank FX Strategy Team - - 1.2500 - - Sideways
Scott Barkley 1.2500 1.2420 1.2200 Sideways Bearish Bearish
Swissquote Bank Research Team 1.2600 1.2600 1.2400 Bullish Bullish Sideways
TD Securities Research Team - - 1.2900 - - Bullish
Valeria Bednarik 1.2370 1.2200 1.2000 Bearish Bearish Bearish
Wells Fargo Research Team - - 1.2800 - - Bullish
Westpac Institutional Bank Team - 1.2600 - - Bullish -
Yohay Elam 1.2500 1.2400 1.2400 Sideways Bearish Sideways
Average 1.2468 1.2386 1.2375 Bearish Bearish Bearish

EURUSD Comments:

  • Growth Aces Research Team:

    Another eventful week ahead of us. European PMIs and U.S. ISM are scheduled for Monday (manufacturing) and Wednesday (services). But EUR/USD investors will be focused mainly on the ECB meeting (on Thursday GMT) and U.S. employment report (on Friday GMT). ECB president Mario Draghi is likely to underline that accommodative policy will be continued, but he is also likely to comment on recent slightly better data from the euro zone. We expect Friday’s non-farm payrolls reading to be slightly weaker than in the previous month. Our forecast is, however, close to the market consensus. Currency bears broke below the strong support level at 1.2500 (psychological level and year’s low) last week. The short-term and medium-term outlook is bearish. Getting short at higher levels may be a good idea.

  • ICN.com analysis team:

    Trading below 1.2660 is needed to keep our expectation valid.

  • Jarratt Davis:

    I'm expecting the euro to continue selling off over the coming weeks and months as it finally seems the ECB have done enough to get the market to sell euros.

  • Nenad Kerkez:

    We might see some retracement

  • Scott Barkley:

    Down under way now

  • Yohay Elam:

    Inflation is still low in the euro-zone and Draghi could weigh on the currency.

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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