The Australian Dollar against the United States Dollar –Nickname Aussie

AUDUSD ANALYSIS

The Australian Dollar against the United States Dollar –Nickname Aussie

CENTRAL BANK

RBA

FED

FOREIGN CURRENCY RESERVES

42.490 Million USD

41.901 Million USD

 

AUDUSD Preface:

AUDUSD is a very liquid currency pair, ranked in the 6th place among the most active pairs in the world. Traditionally there is a high demand for the Australian Dollar as it offers high-interest rates to currency investors. AUDUSD is also a “Commodity Currency” as the Australian economy is a major commodity exporter. Historically AUDUSD has shown a positive correlation with NZDUSD and EURUSD.

 

AUDUSD Monthly Statistics:

These are the monthly average returns of AUDUSD based on 15 years of daily data.

CALENDAR MONTH

AVERAGE MONTHLY RETURNS

TIMES

(↑)

TIMES

(↓)

AVERAGE DAILY VOLATILITY

JANUARY

-0.28%

6

9

1.033%

FEBRUARY

0.37%

10

5

0.953%

MARCH

0.25%

8

7

0.995%

APRIL

1.86%

12

3

0.941%

MAY

-0.89%

5

10

1.053%

JUNE

0.73%

10

5

1.075%

JULY

0.29%

7

8

0.984%

AUGUST

-0.98%

5

10

1.025%

SEPTEMBER

-0.20%

8

7

1.101%

OCTOBER

0.45%

12

3

1.290%

NOVEMBER

-0.08%

8

7

1.191%

DECEMBER

0.78%

7

8

0.918%

 

Best Months to Trade the AUDUSD:

()-LONG TRADES

According to data during 2000-2014 the best months to go long on AUDUSD are:

→ APRIL, with positive average returns +1.86%

→ DECEMBER, with positive average returns +0.78%

→ JUNE, with positive average returns +0.73%

()-SHORT TRADES

According to 2000-2014 data the best months to go short on AUDUSD are:

→ AUGUST, with negative average returns -0.98%

→ MAY, with negative average returns -0.89%

→ JANUARY, with negative average returns -0.28%

AUDUSD Monthly Statistics Chart:

This is the AUDUSD Monthly Performance Chart.

Chart: AUDUSD Average Returns (%) per Calendar Month

AUDUSD Average Returns (%) per Calendar Month

Most Volatile Days of the Week to Trade the AUDUSD

These are the most volatile days to trade AUDUSD based on the average pip range of each day of the week.

Monday

Tuesday

Wednesday

Thursday

Friday

85 pips

115 pips

100 pips

115 pips

110 pips


Best Intraday Times to Trade the AUDUSD:

In general, the best time to trade AUDUSD is during the Asian session.

 

Forex Brokers and AUDUSD Trading

These are some AUDUSD Forex Brokers.

FOREX BROKER

AUDUSD SPREADS

AUDUSD SWAPS

PLATFORMS

ACCOUNT

INFORMATION

» IC MARKETS

REGULATED BY:

ASIC (Australia)

US TRADERS: NO

AUDUSD SPREADS:

1.0-1.5 pip

 
(N/A) 

□ MetaTrader4

□ cTrader

SCALPING: YES

  • Free VPS
  • PAMM Accounts

$200 Minimum Deposit Amount

WELCOME BONUS:

0%

WEB-SITE:

Visit IC Markets

REVIEW:

Review

» HOTFOREX

REGULATED BY:

CySEC, MiFID

US TRADERS: NO

AUDUSD SPREADS:

2.2 pips Fixed

 

LONG (↑)

$ +0.165

SHORT (↓)

$ -0.52

□ MetaTrader4

□ WebTrader

SCALPING: YES

  • CurreneX Account
  • Free VPS
  • PAMM Accounts

$50 Minimum Deposit Amount

WELCOME BONUS:

40-100%

 

WEB-SITE:

Visit HotForex

REVIEW:

Review

» XM

REGULATED:

CySEC, MiFID

US TRADERS: NO

AUDUSD SPREADS:

2.2 pips

 

LONG (↑)

$ -0.11

SHORT (↓)

$ -0.37

□ Web Trader

□ MirrorTrader

□ MetaTrader4

SCALPING: YES

$50 minimum deposit

WELCOME BONUS:

40-100%

 

WEB-SITE:

Visit XM

REVIEW:

Review

» FXCC

REGULATED:

FCA UK, CySEC, MiFID

US TRADERS: NO

AUDUSD SPREADS:

1.8 pips plus commissions

COMMISSIONS:

0.6 pips per lot


 

LONG (↑)

$ +0.02

SHORT (↓)

$ -0.38

□ MetaTrader4

□ Sirix WebTrader

SCALPING: YES

  • Free VPS

$100 Minimum Deposit Amount

WELCOME BONUS:

30-100%

 

WEB-SITE:

Visit FXCC

REVIEW:

Review 

 

PAIRS: » EURUSD | » GBPUSD | » USDJPY | » USDCAD | » EURGBP | » EURJPY | » NZDUSD

 

AUDUSD ANALYSIS

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