Log in or register to download unlimited Forex robots!
AUD overvalued with respect to NZD - ANZ
FXStreet (Barcelona) - Sam Tuck, Senior FX Strategist at ANZ notes AUD being overvalued with respect to NZD and sees the excessive AUD strength against NZD as an opportunity to purchase NZD for the short term.
“We would prefer to own AUD over NZD on any retracement of the AUD strength. However, global events (USD, global commodity prices, and China) are driving currency markets and thus impacting both AUD and NZD relatively equally.”
“We would view excessive AUD strength against NZD as an opportunity to purchase NZD for the short term, despite our preference to own AUD on weakness.”
“This cross is trading at fair value according to our cyclical measures. Fundamental factors ostensibly point to AUD being overvalued with respect to NZD, but declines in NZ economic indicators have not yet fed into the quarterly indicators that drive our fundamental fair value estimates, implying that fair value will correct to spot, rather than spot correcting.”
- Total number of registered users: 71,290
- Registered users today: 14
- Newest registered user: AmeerJ1017
- Total number of topics: 11,727
- Total number of posts: 38,540
Online users: 3,907 guests, 156 Members:
199seeds, A'Akeem, adgroot, admin, Afnan Al-mustafa, ahmadhassan4010, aitorerko, Akash3535, Alex Enrichment, Alexander Lamount Knowles, Alisa Aor Abaiyawongsa, alixsunggin, AmeerJ1017, andengmel, armando70, arpitgorasia, Aslam Bahii, Babar, binuvrm, boiboi3, Budi Elsan, CAI, Ching Ih, Connor Davis, crodzilla, Damherz, distlerpt, E Buys In, ebrahim, edson1809, ehabali, eiffil, ejykses, Emmy Adams, epifreak, expelt, ezfyp, fastlane2021, femo, futurefunder1, Fxeng254, fxmanana, George Trubnikov, Gold Abo Ameer, GTGOGO, hadipurwanto, Houman Ahouman, HP1012, Igor Jurčević, jacobmcbmachoba, Jd7, Jeebs100, joao_leandro, Johnson Lim, jom1998x, JorgeValiente, juan tamad, juanjm07, kambanga, KARLOS88, Katapult, kausa1990, Kgashane Daniel, Khhasan9, kyrgk, leandro2330, Legend, Lim Kang Ju, LivingCovers, Lucas Lopes, Lungelo Kaunda, Maduda, maFX, Mailafia, Marek Starczewski, MarianNick123, mariia2306, mars7, masil27, Massimo Casiglia, Masupa Masupa, Mduduzi Given, Meldude, Mikhael, molotov4055, mon786, msamikhan939, Myanmar Forex Trading, myfxlogger, mznozary, nami, naveenbusi, neagoelaur, Nik76, Nilesh Bhambure, nj620903, nkosinathi_mkondwane, Nomifx96, Numpichet Numwong, Occy, Odibaba1979, Ofonime, Okan Polat, ooldman, pakov_l, Peaceful, peteaw72, Phanda, pipyoda, rabbacm, rakhabeletsi, ramzan, ready2u, Rohit Katake, saivishnu, sasastephe, sdriar, seek2020, selvendra, senszevs, Shael, shg_suherman, Sibusiso70, skinvestor1978, Skorpion2, SKParichkhel, sohel01405, Speedy21, sri4you, Tajiri01, tan123, testingmyidea, Thamsanqa1236, thematrix654, Thiza, ThreeLions, Tolkien_12, Tomasz Smolarski, TomaszKom, topaz790, Toxicone, tskabilan, tunl, tuuker, uniedcom, wagnerg123, Will777iam, winner77, xperya, xv16, yaochengbin, YAsan, Zerofx, zorbafx69, Zwane, Л.Мөнхболд Л.Мөнхболд
MT4talk is a User Generated Content website. All content uploaded to MT4talk by our users (MT4talk forum members) is User Generated Content. Please note that MT4talk doesn't sell Forex robots and does not provide support for the uploaded Forex robots. MT4talk only sells PRO membership. PRO membership is unlimited download access in every forum topic and forum posts.
We testing Forex robots in REAL-TIME! We testing some robots on a demo account but in real-time. We are not financial consultants and we can't push you to risk your money. We are just trying to find good market analysis solutions from different strategies to help our community.
CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS, IN GENERAL, ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.
Disclaimer - No representation is being made that any Forex account will or is likely to achieve profits or losses similar to those shown on backtests in this forum. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. Hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk in actual trading. All information on this forum is for educational purposes only and is not intended to provide financial advice. Any statements posted by forum members or the MT4talk EA Tester Team about profits or income expressed or implied, do not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold the MT4talk team and forum members of this information harmless in any and all ways.
Affiliates Disclaimer - The site may contain links to affiliate websites, and we receive an affiliate commission for any sign up that trade by you on the affiliate website using such links. Our affiliate partners includes the following: FXOpen, FBS, LQDFX, MyForexVPS.