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.
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| USDCHF | 1 Week | 1 Month | 1 Quarter | 1 Week | 1 Month | 1 Quarter | ||
|---|---|---|---|---|---|---|---|---|
| Levels | Trend | |||||||
| ©FXstreet.com | Fri, Sep 07 2012, 17:00 GMT | |||||||
| A. Narczewski | 0.9650 | 0.9800 | 0.9990 | Bullish | Bullish | Bullish | ||
| Anna Coulling | 0.9384 | 0.9261 | 0.9432 | Bearish | Bearish | Sideways | ||
| Claudiu Cazacu | 0.9560 | 0.9645 | 0.9700 | Bullish | Bullish | Bullish | ||
| Danske Research Team | - | - | 0.9400 | - | - | Sideways | ||
| Esteban Mora | 0.9500 | 0.9400 | 0.9000 | Bullish | Sideways | Bearish | ||
| GFM Research Private Limited | 0.9670 | 0.9200 | 0.9200 | Bullish | Bearish | Bearish | ||
| ICN.com analysis team | 0.9655 | 0.9835 | 1.0125 | Bullish | Bullish | Bullish | ||
| Ilian Yotov | 0.9750 | 1.0000 | 1.0000 | Bullish | Bullish | Bullish | ||
| Joshua Martinez | 0.9600 | 0.9400 | 0.9000 | Bullish | Sideways | Bearish | ||
| Mauricio Carrillo | 0.9350 | 0.9200 | 0.9760 | Bearish | Bearish | Bullish | ||
| Ross Yamashita | 0.9400 | 0.9000 | 0.9600 | Bearish | Bearish | Bullish | ||
| Scotiabank FX Strategy Team | - | 0.9900 | 1.0200 | - | Bullish | Bullish | ||
| TD Securities Research Team | - | 0.9800 | 1.0300 | - | Bullish | Bullish | ||
| Valeria Bednarik | 0.9250 | 0.9500 | 0.9730 | Bearish | Bullish | Bullish | ||
| Yohay Elam | 0.9300 | 0.9500 | 0.9200 | Bearish | Bullish | Bearish | ||
| Average | 0.9506 | 0.9532 | 0.9642 | Bullish | Bullish | Bullish | ||
A daily closing below 09460 will cancel the bullishness
As long as the U.S. economy improves and the Fed refrains from announcing QE3, the USD should revisit the parity level against the CHF.
The USD/CHF daily time frame is starting to reverse bearish.
The EUR/CHF is stronger than ever. The SNB might even get some appetite to lift it a bit (without announcing anything).
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.
Bullish momentum for the eurodollar has, of course, resulted in further strength for the Swiss Franc and this pair now look set to breach the 0.9400 level with further weakness to come before possibly bouncing off support in the 0.9200 level in due course.