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!
| USDJPY | 1 Week | 1 Month | 1 Quarter | 1 Week | 1 Month | 1 Quarter | ||
|---|---|---|---|---|---|---|---|---|
| Levels | Trend | |||||||
| ©FXstreet.com | Fri, Dec 21 2012, 17:00 GMT | |||||||
| A. Narczewski | 83.50 | 85.00 | 86.00 | Bearish | Bullish | Bullish | ||
| Anna Coulling | 85.56 | 86.96 | 86.12 | Bullish | Bullish | Bullish | ||
| ANZ FX Strategy Team | - | - | 78.00 | - | - | Bearish | ||
| BBVA Bancomer Team | - | - | 82.00 | - | - | Bearish | ||
| BoA FX, Rates and Commodities Team | - | - | 82.00 | - | - | Bearish | ||
| Capital Economics Research Team | 84.00 | - | 80.00 | Sideways | - | Bearish | ||
| Claudiu Cazacu | 84.60 | 85.80 | 88.50 | Bullish | Bullish | Bullish | ||
| Danske Research Team | - | 84.00 | 85.00 | - | Sideways | Bullish | ||
| DBS Group Research | - | - | 78.00 | - | - | Bearish | ||
| Dr. S. Sivaraman | 85.78 | 88.65 | 96.23 | Bullish | Bullish | Bullish | ||
| GFM Research Private Limited | 83.20 | 84.80 | 86.50 | Bearish | Bullish | Bullish | ||
| Goldman Sachs Global Investment Research | - | 80.00 | - | - | Bearish | - | ||
| Ilian Yotov | 84.00 | 83.00 | 84.00 | Sideways | Bearish | Sideways | ||
| ING Global Economics Team | - | 82.00 | 82.00 | - | Bearish | Bearish | ||
| J.P. Morgan Global FX Strategy | - | - | 79.00 | - | - | Bearish | ||
| Luc Luyet, CMT, CIIA | 83.50 | 84.00 | 86.00 | Bearish | Sideways | Bullish | ||
| Mauricio Carrillo | 85.00 | 86.00 | 85.00 | Bullish | Bullish | Bullish | ||
| NAB Global Markets Research | - | - | 84.00 | - | - | Sideways | ||
| National Bank of Canada Eco. & Strat. Team | - | 82.00 | 81.00 | - | Bearish | Bearish | ||
| Rabobank Financial Markets Research Team | - | 78.50 | 78.50 | - | Bearish | Bearish | ||
| RBC Economic Research Team | - | 81.00 | 77.00 | - | Bearish | Bearish | ||
| RBS Team | - | 84.00 | 88.00 | - | Sideways | Bullish | ||
| Richard C. Lee | 82.61 | 85.58 | 84.00 | Bearish | Bullish | Sideways | ||
| Scotiabank FX Strategy Team | - | 80.00 | 82.00 | - | Bearish | Bearish | ||
| TD Securities Research Team | - | 82.00 | 82.00 | - | Bearish | Bearish | ||
| UBS FX Research Team | - | 85.00 | 88.00 | - | Bullish | Bullish | ||
| UniCredit Research | - | 79.00 | 82.00 | - | Bearish | Bearish | ||
| Valeria Bednarik | 84.20 | 85.30 | 83.00 | Sideways | Bullish | Bearish | ||
| Yohay Elam | 85.00 | 86.00 | 88.00 | Bullish | Bullish | Bullish | ||
| Average | 84.25 | 83.57 | 83.64 | Sideways | Sideways | Sideways | ||
year end upward move is expected to be aggressive
It would not be surprising to see the USD supported against the JPY on expectations of more QE and an increase of Bank of Japan's inflation target in January.
El nuevo gobierno japonés comenzará a trabajar durante los próximos días, y parece determinado a seguir sus promesas electorales. El yen podría continuar luchando
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 usdjpy continued to move higher once again last week, and with the election now consigned to history, the pair are likely to consolidate at the current level as the pair test the 84.10 high of 2011.