Is Australian Dollar SERIOUSLY undervalued?

Sig said:
Dude, you've started something like 5 threads entitled "Is X SERIOUSLY undervalued/overvalued". Give it a rest and learn some originality, for Pete's sake! This isn't Quora where you're getting paid to ask questions.
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There's only 3 threads. 2 of them have been bangers, and the other one had been aborted. If you can post better trades in foresight, please do! I'd like to be spoon-fed too.
 
Sig said:
Dude, you've started something like 5 threads entitled "Is X SERIOUSLY undervalued/overvalued". Give it a rest and learn some originality, for Pete's sake! This isn't Quora where you're getting paid to ask questions.
More...


WAIT. I can get paid to ask questions? Because I can ask a LOT of questions....
 
orbit23 said:
  • EUR and GBP both already bottomed and broke out against dollar
  • Series of higher lows on AUDUSD
    ELgTl50WoAA3XV_
  • Approaching trendline
  • Potentially weak dollar in the year of presidential elections
Aussie seems to be setting up for a potentially very nice LONG setup!
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This has turned out to be a very nice trade.
 
Last edited by a moderator:
What's our outlook for AUDUSD next week? Will it rebound or recent U-turn is start of new bearish trend? Keep two shorts opened in December 30 with Hotforex, hopefully tough US position will strengthen USD more!
 
GbpAud is at the base of the leg that ran up - I think it should be considered a buy till the base fails but it has a problem at the top with the failed buy orders that it will need to get above to go higher
https://imgur.com/a/KZbPyo2
 
The currency pair most affected with the presence of the coronavirus is the AUD / USD, and in reality, the Australian dollar depreciates and does not stop suffering its declines against the US dollar.
 
Yes, Due to the corona pandemic most of the currencies have depreciated and the economy is running slow in several countries.
 
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