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: King Dollar’s comeback on the table Premium

EUR/USD: King Dollar’s comeback on the table

The EUR/USD pair climbed to its highest since last April last Wednesday, hitting 1.1034 in the US Federal Reserve (Fed) monetary policy decision aftermath. Financial markets had no time to recover ahead of the European Central Bank (ECB) decision early on Thursday, which ended up sending the Euro down.

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GBP/USD: Risks remain skewed to the downside, with eyes on UK GDP Premium

GBP/USD: Risks remain skewed to the downside, with eyes on UK GDP

Having stalled its upward trajectory in the previous week, GBP/USD lost over 300 pips over the week, as the United States and the United Kingdom's central banks' policy announcements failed to provide any support. Strong US employment data exacerbated the pain in Cable. 

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Bitcoin: Nonfarm Payrolls on the radar after Powell’s speech propels BTC higher

Bitcoin: Nonfarm Payrolls on the radar after Powell’s speech propels BTC higher

Bitcoin (BTC) price is at an inflection point as it continues to rally amid multiple sell signals on lower time frames. The Nonfarm Payrolls (NFP) report, including the unemployment rate and average hourly earnings, is set to be announced on February 3 at 1330 GMT.

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Week Ahead: Will the Bank of Japan roll out another surprise? [Video]

Week Ahead: Will the Bank of Japan roll out another surprise? [Video]

A volatile week awaits, featuring the first BOJ decision of the year. It’s a close call whether policymakers will adjust their yield strategy again, although even if they don’t, it’s probably only a matter of time. Also a deluge of data releases from the major economies.

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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: Can XAU/USD reclaim $1,900 following NFP-inspired drop? Premium

Gold: Can XAU/USD reclaim $1,900 following NFP-inspired drop?

Following a quiet start to the week, Gold price touched its highest level since April near $1,960 but staged a deep correction toward the end of the week to close below $1,900 for the first time in three weeks.

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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