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 Weekly Forecast: Bulls remain in control after virus-vaccine struggle

A dull week comes to an end, with the EUR/USD pair closing it little changed in the 1.1870 price zone.  The pandemic fatigue has extended its claws into financial markets, as investors struggle to balance vaccine hopes and fresh restrictive measures in the northern hemisphere.

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GBP/USD Weekly Forecast: Deal or no deal? Boxed-in Boris may unleash a rally

Far away, so close? Brexit headlines have continued whipsawing GBP/USD – and so have changing market mood swings. Vaccine news is set to continue competing with covid statistics once again. 

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Bitcoin Weekly Forecast: BTC makes new yearly highs while its network activity looks worrisome

Bitcoin has lived through the best week since February 2018. The pioneer digital currency price gained over $2,000 in less than seven days. The bullish momentum allowed it to reach a new multi-year high of nearly $18,800, marking November 2020 one of the strongest bullish months ever. 

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USD/JPY Weekly Forecast: Hostage to the pandemic

If the USD/JPY saw it largest one day rally since the March panic with the Pfizer vaccine announcement on November 9th, the dollar's steady fall over the subsequent nine sessions is proof, if any were needed, that the grinding reality of the pandemic is still the overriding factor in the markets.

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AUD/USD Weekly Forecast: In limbo but near yearly highs

The AUD/USD pair holds on to modest gains just above 0.7300 as an uneventful week comes to an end. The American currency got no love from market players, as the US is immersed in a chaotic uncertainty. 

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Gold Weekly Forecast: Coronavirus vaccine optimism hurts XAU/USD

After failing to break above $1,900 at the start of the week, Gold spent the majority of the week under modest bearish pressure and dropped to $1,850 area before staging a rebound on Friday. 

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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