EUR/USD: market sentiment favours shorting the pair - FXStreet

FXStreet (Barcelona) - The FXStreet Forecast Poll, highlights the near and medium term mood for EUR/USD using a FX sentiment tool, while considering the forecast from a select experts, trend calculated according to price as at 15:00 GMT Friday 24th of April.

Key Quotes

EUR/USD capped below 1.1000, additional declines still expected: market's sentiment still favor shorting the common currency.

“Average forecast for EURUSD:

1 Week 1.0851

1 Month 1.0672

1 Quarter 1.0506”

Forecast from Experts

“Scott Barkley, President at ProAct Traders - Forecast: 1 Week 1.0435, 1 Month 1.0280, 1 Quarter 1.0500”

“Mauricio Carrillo, Editor at FXStreet – Forecast: 1 Week 1.1000, 1 Month 1.1500, 1 Quarter 1.1500”

“J.P. Morgan Global FX Strategy - Forecast: 1 Quarter 1.0700”

“B.M.O Capital Markets – Forecast: 1 Week 1.0800, 1 Month 1.0800, 1 Quarter 1.0700”

“BofA-Merrill Lynch – Forecast: 1 Quarter 1.0500”

“BNP Paribas – Forecast: 1 Quarter 1.0700”

“Commerzbank – Forecast: 1 Quarter 1.1000”

“Goldman Sachs Global Investment Research – Forecast: 1 Quarter 1.0200”