Analysis

AUDUSD Forecast Poll 2017: Bears to dominate the Aussie on China, commodities risks

AUDUSD Forecast Dot Plot Chart

AUDUSD Forecast Poll 2017

Analyst 3 Months 6 Months 1 Year
Brad Gilbert 0,7700 0,7100 0,6300
David Cheetham 0,7050 0,6900 0,6500
Elliott Wave Forecast 0,6900 0,7400 0,6660
Growth Aces 0,7550 0,7850 0,8150
Haresh Menghani 0,7150 0,7000 0,6850
James Chen 0,7150 0,7000 0,6800
JFD Brokers 0,7000 0,6800 _
Juan José del Valle _ _ _
Lukman Otunuga 0,6900 0,6500 0,6000
Mark de la Paz 0,7000 0,6800 0,7000
Markus Gabel 0,6845 0,7300 0,7800
Nenad Kerkez 0,7400 _ _
Przemyslaw Kwiecien 0,7100 0,6850 0,7000
Scott Barkley 0,6790 0,6550 0,6180
Thomas Light 0,7100 0,6800 0,6800
Valeria Bednarik 0,7450 0,7200 0,7500
Yohay Elam 0,6500 0,7200 0,7000
Medium Forecast 0,7099 0,7017 0,6896
Median Forecast 0,7075 0,7000 0,6825
Std-Deviation 0,0296 0,0333 0,0579
R-Coefficient 0,0419 0,0476 0,0848
Bullish 4 2 3
Sideways 4 4 0
Bearish 8 9 11
       

Featured Expert

Thomas Light: "Higher US rates dominate plus domestic labour market uncertainty push the pair lower through the year. Chinese growth risks leave AUD floundering"

AUDUSD Bull Lines

Growth Aces Research Team: "We see upside potential for the AUD as the Australian yield level in real terms remains one of the highest in G10. The AUD/USD should by supported by the fact that the market has now priced out any expectation of easing by the Reserve Bank of Australia. The AUD/USD is also likely to rise on the back of higher commodity prices and hence, an improvement in terms of trade"

Markus Gabel: "Aussie is in a valid downtrend and might have problems for a rebound next year"

AUDUSD Bear Lines

David Cheetham: "AUD is possibly the most vulnerable currency to a large downside correction in 2017 due to both domestic risks and its sensitivity to China"

Lukman Otunuga: "With fears lingering over the health of the Australian economy and expectations mounting of the RBA cutting interest rates, the AUDUSD could be in-store for steeper declines. A rising Dollar against the Australian Dollar should provide a platform for sellers to send the AUDUSD towards 0.6500 by summer"

Przemyslaw Kwiecien: "There are many risks for the Aussie going forward, starting from China, through artifcially high iron ore prices through domestic risks like the housing market. The money market sees gradual rate increases in Australia which lacks logic to us"

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