AUD/USD forecast: Quants point to overbought conditions

by Alejandro Zambrano

Posted on February 15, 2017 at 12:54 PM

LondiniumFX meet with Zak Mir from TipTv Finance and we discussed the AUDUSD as our premium quant indicators suggest that the AUD is overbought against USD and EUR. However, a trigger is needed to turn the AUDUSD technical trend bearish and we suspect tonight’s Aussie employment report could do the trick.

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About the Author

Alejandro Zambrano

Alejandro Zambrano combines extensive professional experience and a common-sense attitude to offer LondiniumFX members a strategy that focuses on making fewer, smarter trades and building members’ understanding of the markets and the rationale behind investing. He is also the Global Chief Market Analyst with and ATFX UK. Before founding LondiniumFX in 2016, Mr. Zambrano was Head Analyst at FXCM’s London desk.