USD/PLN Forecast and Live Chart

The United States Dollar/Poland Zloty currency pair (also referred to as USDPLN and USD/PLN) represents the currencies of the USA and Poland. In this article, we will examine how USDPLN is performing.

USDPN Key Stats

  • 2021 high: 4.2272
  • 2021 low: 3.6399
  • YTD high: 4.8513
  • YTD low: 3.9128
  • YTD % change: +15.61%

USDPLN Forecast

Due to the disparities between the current health of the US economy and the Polish economy, we see the USDPLN moving higher in the medium term. However, with the PLN still near its recent all-time highs, targeting an area above that is a difficult task. So, for now, we are looking for price to move back toward all-time highs, although further pullback to the 4.5859 area is a real possibility in the short term.

USDPLN chart

USDPLN Fundamental Analysis

If you are looking for long-term investments or short-term trading, understanding the fundamental factors that impact the asset is essential. Currency pairs are moved by trillions of dollars entering the market each day, but major impacts from governments and central banks will dictate the direction of currency moves. For example, actions such as increases or decreases in interest rates, quantitive easing, and economic data will significantly sway the price of each currency.

The USD is the go-to currency for most, especially during times of economic upheaval. The USA’s economy and the fact the USD is the reserve currency for international trade and finance gives it the title of “King Dollar.”

The US has several key data releases each month, including payroll data, GDP, retail sales, non-farm payrolls, and much more. The data releases and their relevance of the strength of the economy at the time they are reported will result in price swings for the currency. As of now, inflation is spiraling, and the Fed recently announced its largest rate increase in 28 years. The Fed raised interest rates by three-quarters of a percentage point. Given the global economic uncertainty and the Fed raising rates, it’s obvious why the dollar has had a major bull run.

The Polish Zloty is a less popular currency to trade. The currency has been under pressure since Russia began its invasion of Ukraine, and soaring inflation has not helped. To combat this, Poland’s central bank raised rates for the 10th consecutive month after consistent weakness in its currency. They raised rates by 50 basis points to 6.5%. However, this has dried up demand for home loans, and the economy has suffered from instability.

USDPLN Technical Analysis

Support Levels:

  • 4.5859
  • 4.4691
  • 4.2207

Resistance Levels:

  • 4.7650
  • 4.8400

The USDPLN has had a significant run higher over the past year, with the USD, in general, strengthening substantially, providing many areas to look for potential pullbacks. One level we are watching is 4.5859, which price had a hard time breaking at the start of the year. However, since then, it has smashed through but now represents a potential level for buyers on a pullback. Below that, we are watching 4.4691. This area previously acted as a solid resistance level and will definitely be one to keep an eye on if price makes a large pullback. Finally, over the long-term, 4.2207 is an area price could move to and bounce from, although it may take some time to get there.

The USDPLN has been trading at significant highs but has pulled back in recent weeks. The first resistance level to look for is 4.7650, which is not far off the highs but was tested as both resistance and support in July. Next, watch out for the highs at 4.8400, which is just below its highest ever point. Therefore, it may be a little fight before price can break the level.

Trade USDPLN with our top brokers

Broker Features Regulator Platforms Next Step
Number One Broker tickmill_logo-173 % of retail CFD accounts lose money Founded: 2014
73 % of retail ...
  • Ultra-fast execution from 0.1s
  • Low spreads from 0.0 pips
  • All trading strategies allowed
FSA SC MetaTrader 4, Web Trader
BlackBull Markets LogoYour capital is at risk Founded: 2014
  • Leverage Up To 500:1
  • $200 Min Deposit
  • 60+ Tradeable Instruments
FSPR MT4
Your capital is at risk Founded: 2006
Europe* CFDs ar...
  • 40% New Member Bonus
  • Regulatory licenses across 5 continents
  • 24/7 trading
ASIC, FSA, FSB, MiFID MetaTrader4, Sirix, AvaOptions, AvaTrader, Mirror Trader
Between 74-89% of CFD traders lose Founded: 2010
Between 74-89 % of retail investor accounts lose money when trading CFDs
  • Four user-friendly trading platforms
  • Consistently rater No1 for Trader Support
  • Set up by traders, for traders
ASIC, FCA MetaTrader 4, MetaTrader 5, cTrader
Your capital is at risk Founded: 2020
  • Impressive range of trading platforms
  • Tight spreads and low commissions
  • Excellent customer services
  • STP and ECN trade execution
- Pro Trader, MT4, MT5
vantage logoYour capital is at risk Founded: 2009
  • Leverage up to 500:1
  • $200 Min Deposit
  • Spreads from 0.0
CIMA MetaTrader 4, MetaTrader 5, WebTrader
LegacyFX LogoYour capital is at risk Founded: 2012
  • Meta Trader 5 Trading platform
  • Exclusive professional trading tools
  • Dedicated support staff during all trading hours
BaFin, CySEC, FCA, NBRB, VFSC MetaTrader 5
AdroFX LogoYour capital is at risk Founded:
  • Crypto deposits possible
  • Bonus offers
  • Leverage up to 1:500
  • MT4 and Allpips platforms
FSA, VFSC MetaTrader 4, Web Trader, Social Trading Allpips, Web Platform Allpips
Your capital is at risk Founded: 2000
  • Good range of assets, such as CFDs
  • Fully regulated brokerage
  • Multi-lingual reporting
DFSA, FCA, FINMA, MFSA, only EU traders), SFC FCA (Swissquote LTD MT4, MT5, AdvancedTrader
Trade360 LogoYour capital is at risk Founded: 2013
  • Over 200 Tradeable Accounts
  • $50 no deposit bonus
  • Trading Central Insight Portal
CySEC CrowdTrading
Oanda Logo77% of retail CFD accounts lose money Founded: 1996
  • No Minimum Deposit
  • Over 100 instruments
  • Web, desktop, mobile platform and MT4

ASIC, FCA, IIROC, MAS fxTrade, MT4
vt markets logoYour capital is at risk Founded: 2016
ASIC, CIMA MT4
Your capital is at risk Founded: 2015
  • $50 Min Deposit
  • Flexible Leverage
  • Low Min Order Values
FCA, SCB MT4
Your capital is at risk Founded: 1991
73.05% of investors lose money when trading CFDs with FXCM
  • Enhanced Execution and pricing.
  • Award-winning trading platform
  • Free Access to Exclusive Trading Tools
- FXCM Trading Station (Web, Desktop, Mobile), FXCM MetaTrader 4, NinjaTrader
city index new75% of clients lose money. Capital at risk. Founded: 1983
  • Exceptional customer service
  • Beginner-friendly
  • Free Webinars
ASIC, FCA, MAS Advantage Web, AT Pro, MT4, WebTrader
Exness LogoYour capital is at risk Founded: 2008
  • Instant automated withdrawals 24/7
  • Commission-free Standard accounts
  • Some of the lowest spreads on the markets and stable execution
  • Unlimited leverage
  • Free VPS Hosting
CySEC, FCA, FSA, FSCA MT4, MT5, WebTerminal
Your capital is at risk Founded: 2017
FSC XOH, MT5,
SquaredFinance LogoYour capital is at risk Founded: 2016
CySEC
fusion markets logoYour capital is at risk Founded: 2017

Lowest Commissions in Australia

$4.50 per lot RT

ASIC, VFSC MT4
Your capital is at risk Founded: 2012
Trading in Forex/ CFDs and Other Derivatives is highly speculative and carries a high level of risk. It is possible to lose all your capital. These products may not be suitable for everyone and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose.
  • High leverage.
  • Variety of trading tools.
  • Multilingual support.
  • Excellent range of educational tools
  • Leverage up to 1:1000
  • Spreads from 0.3 Pips
  • Only a $10 minimum deposit
FSA, FSC MT4, MT5, WebTrader, Proprietary Mobile App