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, Feb 15 2013, 17:00 GMT | |||||||
| A. Narczewski | 92.00 | 90.00 | 95.00 | Bearish | Bearish | Bullish | ||
| ANZ FX Strategy Team | - | 86.00 | 86.00 | - | Bearish | Bearish | ||
| BoA FX, Rates and Commodities Team | - | 89.50 | 88.00 | - | Bearish | Bearish | ||
| BTMU Global Markets Research | - | 92.00 | 88.00 | - | Bearish | Bearish | ||
| Capital Economics Research Team | - | - | 92.00 | - | - | Bearish | ||
| Danske Research Team | - | 93.00 | 93.00 | - | Sideways | Sideways | ||
| DBS Group Research | - | - | 93.00 | - | - | Sideways | ||
| GFM Research Private Limited | 91.90 | 94.60 | 94.60 | Bearish | Bullish | Sideways | ||
| Goldman Sachs Global Investment Research | - | 90.60 | 87.00 | - | Bearish | Bearish | ||
| Gonçalo Moreira, CMT | 89.50 | 87.60 | 85.70 | Bearish | Bearish | Bearish | ||
| Gus Farrow | 95.00 | 100.00 | - | Bullish | Bullish | - | ||
| HSBC Global Research Team | - | 85.00 | 84.00 | - | Bearish | Bearish | ||
| Ilian Yotov | 94.00 | 95.00 | 95.00 | Bullish | Bullish | Bullish | ||
| ING Global Economics Team | - | 92.00 | 93.00 | - | Bearish | Sideways | ||
| J.P. Morgan Global FX Strategy | - | - | 88.00 | - | - | Bearish | ||
| Luc Luyet, CMT, CIIA | 92.00 | 93.50 | 97.00 | Bearish | Sideways | Bullish | ||
| NAB Global Markets Research | - | 88.00 | 88.00 | - | Bearish | Bearish | ||
| National Bank of Canada Eco. & Strat. Team | - | - | 89.00 | - | - | Bearish | ||
| Nomura FX Research & Strategy | 91.90 | - | - | Bearish | - | - | ||
| OCBC Treasury Research & Strategy Team | - | 92.20 | 94.50 | - | Bearish | Sideways | ||
| Rabobank Financial Markets Research Team | - | 92.00 | 90.00 | - | Bearish | Bearish | ||
| RBC Economic Research Team | - | 93.00 | 93.00 | - | Sideways | Sideways | ||
| RBS Team | - | 92.00 | 92.00 | - | Bearish | Bearish | ||
| Ross Yamashita | 92.50 | 88.00 | 98.50 | Bearish | Bearish | Bullish | ||
| Saxo Team | - | 88.00 | 88.00 | - | Bearish | Bearish | ||
| Scotiabank FX Strategy Team | - | 92.00 | 93.00 | - | Bearish | Sideways | ||
| TD Securities Research Team | - | 90.00 | 88.00 | - | Bearish | Bearish | ||
| UBS FX Research Team | - | 95.00 | 95.00 | - | Bullish | Bullish | ||
| UniCredit Research | - | 93.00 | 93.00 | - | Sideways | Sideways | ||
| Valeria Bednarik | 94.80 | 96.00 | 98.00 | Bullish | Bullish | Bullish | ||
| Víctor Rodríguez del Río | 91.00 | 93.00 | 98.00 | Bearish | Sideways | Bullish | ||
| Wells Fargo Research Team | - | 90.00 | 87.00 | - | Bearish | Bearish | ||
| Westpac Institutional Bank Team | - | 88.00 | 85.00 | - | Bearish | Bearish | ||
| Yohay Elam | 95.00 | 96.00 | 95.00 | Bullish | Bullish | Bullish | ||
| Average | 92.69 | 91.55 | 91.38 | Bearish | Bearish | Bearish | ||
The JPY has found some strength ahead of the G20 meeting, but could resume its decline in the aftermath of the event.
The yen's slide slowed towards the G-20 meetings. After they are over, we could see an assault of USD/JPY on 95.
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.
Next leg of bull run may expected only above 95.00 ranges.