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 28 2012, 17:00 GMT | |||||||
| A. Narczewski | 0.9400 | 0.9100 | 0.9450 | Sideways | Bearish | Sideways | ||
| Alberto Muñoz,PhD | 0.9200 | 0.8900 | 0.8500 | Bearish | Bearish | Bearish | ||
| Anna Coulling | 0.9436 | 0.9261 | 0.9432 | Bullish | Bearish | Sideways | ||
| BoA FX, Rates and Commodities Team | - | - | 0.9900 | - | - | Bullish | ||
| Claudiu Cazacu | 0.9200 | 0.9620 | 0.9590 | Bearish | Bullish | Bullish | ||
| Esteban Mora | 0.9300 | 0.9500 | 0.9700 | Bearish | Bullish | Bullish | ||
| Gonçalo Moreira, CMT | 0.9350 | 0.8870 | 0.8670 | Bearish | Bearish | Bearish | ||
| ICN.com analysis team | 0.9270 | 0.9145 | 0.9075 | Bearish | Bearish | Bearish | ||
| Ilian Yotov | 0.9500 | 0.9500 | 1.0000 | Bullish | Bullish | Bullish | ||
| J.P. Morgan Global FX Strategy | - | - | 0.9200 | - | - | Bearish | ||
| Joshua Martinez | 0.9237 | 0.9138 | 0.9009 | Bearish | Bearish | Bearish | ||
| Mauricio Carrillo | 0.9250 | 0.9200 | 0.9420 | Bearish | Bearish | Sideways | ||
| RBC Economic Research Team | - | - | 1.0000 | - | - | Bullish | ||
| Ross Yamashita | 0.9500 | 1.0000 | 0.9400 | Bullish | Bullish | Sideways | ||
| Scotiabank FX Strategy Team | - | - | 0.9900 | - | - | Bullish | ||
| TD Securities Research Team | - | - | 0.9800 | - | - | Bullish | ||
| UBS FX Research Team | - | 0.9200 | 0.9600 | - | Bearish | Bullish | ||
| Valeria Bednarik | 0.9420 | 0.9580 | 0.9800 | Sideways | Bullish | Bullish | ||
| Yohay Elam | 0.9400 | 0.9500 | 0.9200 | Sideways | Bullish | Bearish | ||
| Average | 0.9343 | 0.9322 | 0.9455 | Bearish | Bearish | Bearish | ||
Breaching 0.9535 will damage monthly and quarterly bearish outlook
It will take some time for the USD to recover from the Fed's "all-in" QE3 decision.
The USD/CHY daily timeframe looks like it is making a high lower than the previous high. I'm now waiting for the market to move bearish.
The Swiss authorities can still remain calm with the European situation. USD/CHF will likely float around these levels.
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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.
With the eurodollar struggling to regain its bullish tone, the usdchf has now finally turned higher but appears to be running into resistance at the 94 region where it may run of steam in due course.