EURUSD sentiment, 4 weeks into the future


Below is a frequency distribution chart taken from our pool of experts' expectations on the EURUSD on month ahead.

While 66.6% see the euro below last week's close, a glance at the distribution ranges shows a few bullish outliers worth examining.

The chart on the bottom represents the central tendency measures derived from all the forecasts, compared with 1 period price change. Notice how erratic volatility in the recent 3 weeks doesn't seem to change the participants mid-term expectations.

Source: Experts Forecast Currencies Poll by FXstreet.com

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Tags: central, distribution, frequency, sentiment, tendency

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