Every week, we are publishing the Experts Forecast Currencies Poll. A pool of selected traders and analysts gives us their targets for the major currencies for the week, month and quarter to come. They also indicate the whole trend in these periods.
The report includes a visual table for each pair, as well as the comments that the experts might have added to their analysis.
Agree or disagree? Comments? Your own forecast? Post your thoughts in the Forecasts discussion group!
| USDCHF | 1 Week | 1 Month | 1 Quarter | 1 Week | 1 Month | 1 Quarter | ||
|---|---|---|---|---|---|---|---|---|
| Levels | Trend | |||||||
| ©FXstreet.com | Fri, May 17 2013, 17:00 GMT | |||||||
| Adam Narczewski | 0.9575 | 0.9800 | 0.9950 | Bearish | Sideways | Bullish | ||
| ANZ FX Strategy Team | - | 0.9300 | - | - | Bearish | - | ||
| BoA FX, Rates and Commodities Team | - | 0.9800 | 1.0000 | - | Sideways | Bullish | ||
| Claudiu Cazacu | 0.9850 | 0.9930 | 1.0100 | Bullish | Bullish | Bullish | ||
| Danske Research Team | - | 0.9600 | 0.9700 | - | Bearish | Sideways | ||
| Goldman Sachs Global Investment Research | - | - | 0.9300 | - | - | Bearish | ||
| Gonçalo Moreira, CMT | 0.9500 | 0.9300 | 0.9400 | Bearish | Bearish | Bearish | ||
| Gus Farrow | 0.9900 | - | - | Bullish | - | - | ||
| ICN.com analysis team | 0.9770 | 0.9770 | 0.9865 | Sideways | Sideways | Bullish | ||
| Ilian Yotov | 0.9500 | 0.9300 | 0.9300 | Bearish | Bearish | Bearish | ||
| J.P. Morgan Global FX Strategy | - | 0.9200 | - | - | Bearish | - | ||
| Luc Luyet, CMT, CIIA | 0.9700 | 0.9800 | 0.9950 | Sideways | Sideways | Bullish | ||
| Mauricio Carrillo | 0.9500 | 0.9800 | 0.9300 | Bearish | Sideways | Bearish | ||
| NAB Global Markets Research | - | 0.9700 | - | - | Sideways | - | ||
| Ross Yamashita | 0.9700 | 0.9800 | 1.1000 | Sideways | Sideways | Bullish | ||
| Scotiabank FX Strategy Team | - | - | 0.9500 | - | - | Bearish | ||
| TD Securities Research Team | - | 0.9300 | 0.9600 | - | Bearish | Bearish | ||
| UBS FX Research Team | - | - | 0.9500 | - | - | Bearish | ||
| UniCredit Research | - | 0.9400 | 0.9300 | - | Bearish | Bearish | ||
| Valeria Bednarik | 0.9830 | 0.9960 | 1.0000 | Bullish | Bullish | Bullish | ||
| Westpac Institutional Bank Team | - | 0.9800 | - | - | Sideways | - | ||
| Yohay Elam | 0.9600 | 0.9700 | 0.9700 | Bearish | Sideways | Sideways | ||
| Average | 0.9675 | 0.9626 | 0.9733 | Sideways | Bearish | Bearish | ||
The franc significantly weakened, also against the euro. The franc might bottom out, or at least remain stable against the dollar.
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.com cannot be held responsible for inaccurate information or typos.
The pair could stay in a range until the underlying economic backdrop changes or until the Fed or the SNB change the course of their existing monetary policies.