Experts Forecast Currencies Poll

EURUSD Comments:

• 
  A. Narczewski:

  After breaking the supports, the slide should continue next week. After that, I expect a slight rebound

• 
  Anna Coulling:

  Having broken below key support in the 1.2262 region we are now approaching a further key level at 1.2144. A break here will see the euro test the 2010 lows of 1.1876.

• 
  Gavin Grier-Rees:

  As austerity policies and debt deleveraging force peripherals into depression and social strike we await the inevitable fragmentation of the single-for-now currency.

• 
  Hugo Venter:

  The Euro is likely within a new impulse to the downside and we expect to see the pair move lower over the next week to complete a higher degree third wave that should then be followed by about a week of sideways movement within a fourth wave.

• 
  ICN.com analysis team:

  Settling above 1.2270 will invalidate the bearish possibility

• 
  Joshua Martinez:

  The EURUSD weekly time frame has just hit a D extension on a solid level of support. I am expecting the market to rally back up bullish, but the market may spend one week sideways before the bullish movement takes place.

• 
  Malik Khan:

  Europe has kicked the can down the road and we will soon see these issues will be rising again and this time, the ECB ammunition chest will be a lot emptier than it is now.

• 
  Yohay Elam:

  The markets aren't convince that Europe is serious enough with managing the crisis. Spain's austerity plans will just worsen the situation.