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: All spin and no delivery, poised to challenge 1.2000

The EUR/USD pair reached 1.1945 this week, a fresh 2-month high, retaining most of its gains heading into the weekend. The dollar got no love from speculative interest,  while the shared currency advanced despite some tepid macroeconomic figures.

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GBP/USD Weekly Forecast: Brexit, Powell and Nonfarm Payrolls promise a hectic start to December

An exit from the pandemic is more powerful than a Brexit deal – at least in unleashing late November's rally. EU-UK negotiations remain significant, but also, the calendar is making a welcome comeback, with a full slate of US economic indicators. 

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Bitcoin Weekly Forecast: BTC bulls brace for another roller-coaster week as the worst is not over

Bitcoin has lived through a roller-coaster week. The pioneer digital currency hit another multi-year high of $19,500 and got really close to the all-time high on Wednesday. 

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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: Bulls would need help from the RBA

The Australian dollar is at its highest since September 1 against its American rival and not far from the 2020 high of 0.7413. The AUD advantaged the greenback as the investors dumped the latter in benefit of high-yielding assets.

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Gold Weekly Forecast: XAU/USD tumbles to multi-month lows on risk flows, technical selloff

Gold broke below key support areas and lost more than 4% to end the week below $1,800 pressured by technical selling pressure and the lack of interest for safe-haven assets.

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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