Forex Forecast Polls


The Forex Forecast is a currency sentiment tool that highlights our selected experts' near and medium term mood and calculates trends according to Friday's 15:00 GMT price. The #FXpoll is not to be taken as signal or as final target, but as an exchange rates heat map of where sentiment and expectations are going.



Weekly Forecast

EUR/USD: Interim bottom or dead cat bounce? Premium

EUR/USD: Interim bottom or dead cat bounce?

The EUR/USD closed the week with solid gains just below the 1.0600 level. The main reason behind the advance was the dollar’s broad weakness, despite the persistent risk-averse sentiment.

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GBP/USD: Will the recovery sustain above 21 DMA? Premium

GBP/USD: Will the recovery sustain above 21 DMA?

GBP/USD registered the first weekly gain in five weeks. Bulls were finally rescued, as GBP/USD stalled its four-week downtrend and rebounded firmly from two-year lows of 1.2155 reached a week ago.

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Bitcoin: The last rebound before capitulation

Bitcoin: The last rebound before capitulation

Bitcoin is showing bullish signs in the lower time frames, which can be taken advantage of by traders in the next couple of days. But looking at BTC from the higher time frames suggests that the bottom is not in yet.

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USD/JPY: Will the turn become a plunge? Premium

USD/JPY: Will the turn become a plunge?

After two months of unsurpassed weakness the Japanese yen has been lifted from its 20-year floor by a combination of economic, fundamental and technical factors that could herald a change in circumstances. 

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AUD/USD: Interim top confirmed, 0.7000 at risk Premium

AUD/USD: Interim top confirmed, 0.7000 at risk

The AUD/USD pair kept falling in the last few days, reaching a fresh multi-week low of 0.7263 on Friday, to close the trading week a handful of pips above it. 

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Gold: XAU/USD starts reacting to US yields but bulls remain hesitant Premium

Gold: XAU/USD starts reacting to US yields but bulls remain hesitant

Gold reversed its direction following a drop below $1,800 at the beginning of the week and ended up snapping a 4-week losing streak. Technical indicators suggest that XAU/USD could find it difficult to continue to push higher.

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WHAT IS THE FOREX FORECAST POLL?

The Forex Forecast Poll is a sentiment tool that highlights near- and medium-term price expectations from leading market experts.

  • Unique sentiment indicator with a 5-year history
  • For 10 currency pairs (EURUSD, GBPUSD, USDJPY, USDCHF, AUDUSD, NZDUSD, USDCAD, GBPJPY, EURJPY, EURGBP)
  • Survey conducted every Friday and published at 15:00 GMT
  • Serves all time horizons: 1 week, 1 month, 1 quarter - includes an average price for each time horizon
  • Followed by traders, market commentators as well as academics

The #FXpoll is not to be taken as signal or as final target, but as an exchange rates heat map of where sentiment and expectations are going.

 

HOW TO READ THE GRAPHS?

Besides the table with all participants’ individual prediction, a graphic representation aggregates and visualizes the data: the Bullish/Bearish/Sideways line shows the percentage of our contributors on each of these outlook biases.

This graph is available for each time horizon (1 week, 1 month, 1 quarter). We also indicate the average price forecast as well as the average bias.

WHY SHOULD I USE IT?

Our unique Forex Forecast poll offers you:

  • A sentiment indicator which delivers actionable price levels, not merely “mood” or “positioning” indications. Traders can check if there is unanimity among the surveyed experts - if there is excessive speculator sentiment driving a market - or if there are divergences among them. When sentiment is not at extremes, traders get actionable price targets to trade upon. When there is deviation between actual market rate and value reflected in forecasted rate, there is usually an opportunity to enter the market.
  • No lag in the data: Contrary to other indicators, there is no delay.
  • Significant sentiment data, based on a representative sample of 25 to 50 leading trading advisors for 5 years. Do not follow a single guru but rather a balanced group of well chosen experts. The Forex Forecast Poll offers a condensed version of several expert's opinions. Only outlooks are considered that have been committed to publication and therefore have an influence on the market.
  • A tool for Contrarian thinking: People instinctively follow the impulses of the crowd. Sentiment indicators, in turn, lead to “contrarian” thinking. You can read sentiment extremes and avoid being one of the herd. Contrast own opinions and price outlook with a group of leading trading advisors and money managers.
  • A tool to build strategies upon prediction data: Find patterns data for instance if a trend is gaining or losing energy.
EUR/USD Forecast GBP/USD Forecast USD/JPY Forecast AUD/USD Forecast
USD/CAD Forecast GBP/JPY Forecast NZD/USD Forecast EUR/JPY Forecast