EUR/USD: sentiment favors the downside – 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 17th of April.

Key Quotes

“EUR/USD upside limited: sentiment favors the downside, with the investors aiming for a retest of the year low around 1.0460.”

“Average forecast for EURUSD:

1 Week 1.0794

1 Month 1.0637

1 Quarter 1.0514”

Yohay Elam from ForexCrunch: “Greece and some hopes for the US economy could weigh on the pair.”

“Forecast: 1 Week 1.0600, 1 Month 1.0400, 1 Quarter 1.0100”

Jeff Langin from the 1000 Pip Club: “Sideways to bearish for a while”

“Forecast: 1 Week 1.0550”