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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 1.2759 1.2608 1.2476
GBPUSD 1.6045 1.6023 1.6075
USDJPY 106.62 107.82 109.70
USDCHF 0.9445 0.9589 0.9683
AUDUSD 0.8792 0.8689 0.8661
Pair Average levels
1 Week 1 Month 1 Quarter
USDCAD 1.1211 1.1217 1.1241
NZDUSD 0.7975 0.7874 0.7760
GBPJPY 172.43 173.31 176.11
EURJPY 136.16 136.20 137.83
EURGBP 0.7935 0.7833 0.7749

*Updated on Fridays at 15:00*

October 20 to 24, 2014

EURUSD 1 Week 1 Month 1 Quarter 1 Week 1 Month 1 Quarter
Levels Trend
Fri, Oct 17 2014, 17:00 GMT
Adam Narczewski 1.2700 1.2300 1.2200 Bearish Bearish Bearish
Alberto Muñoz, PhD 1.2630 1.2475 1.2330 Bearish Bearish Bearish
Anil Panchal 1.2930 1.2750 1.2410 Bullish Sideways Bearish
Anthony Wu, CFA 1.2500 1.2300 1.2300 Bearish Bearish Bearish
ANZ FX Strategy Team - - 1.2800 - - Sideways
Claudiu Cazacu 1.2930 1.2700 1.2500 Bullish Sideways Bearish
Danske Research Team - 1.2500 1.2200 - Bearish Bearish
Haresh Menghani 1.3020 1.2660 1.2350 Bullish Bearish Bearish
HSBC Global Research Team - - 1.2500 - - Bearish
J.P. Morgan Global FX Strategy - - 1.3000 - - Bullish
Jameel Ahmad 1.2800 1.3000 1.2500 Sideways Bullish Bearish
Jarratt Davis 1.2600 1.2500 1.2300 Bearish Bearish Bearish
Jeff Langin - - 1.2790 - - Sideways
Neal Gilbert 1.2700 1.2600 1.2300 Bearish Bearish Bearish
Rabobank Financial Markets Research Team - 1.2700 1.2600 - Sideways Bearish
RBS Team - - 1.2700 - - Sideways
Richard Perry 1.2700 1.2500 1.2040 Bearish Bearish Bearish
Ross Yamashita 1.2700 1.2500 1.2300 Bearish Bearish Bearish
Scotiabank FX Strategy Team - - 1.2500 - - Bearish
Scott Barkley 1.3013 1.2650 1.2420 Bullish Bearish Bearish
Swissquote Bank Research Team 1.2700 1.2700 1.2600 Bearish Sideways Bearish
TD Securities Research Team - - 1.2900 - - Bullish
Westpac Institutional Bank Team - 1.2900 - - Bullish -
Yohay Elam 1.2700 1.2600 1.2400 Bearish Bearish Bearish
Average 1.2759 1.2608 1.2476 Sideways Bearish Bearish

EURUSD Comments:

  • Anil Panchal:

    Fundamental weakness of Europe can continue hurting the pair's up-move; however, a pullback from 1.2500 together with recent pull-back in USD strength can give chances for the pair to test 1.2930.

  • Jameel Ahmad:

    The EU economic sentiment remains weak, but we have always been clear that attraction to the Greenback is required to remain consistent for the pair to continue its bear run. Draghi would not have been happy to learn about the Eurodollar appreciation, but if data suggests the Fed will continue QE - there is not much the ECB can do about it, without acting again themselves.

  • 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.

  • Richard Perry:

    The outlook for EUR/USD is now very mixed near term, even though I still see any strength as a medium term chance to sell.

  • Scott Barkley:

    Should do a correction and then further weakness

  • Yohay Elam:

    Fears of the debt crisis, a recession and deflation could return to weigh on the euro.

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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