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 of +1.86%
→ DECEMBER, with positive average returns of +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
◙ 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 |
PLATFORMS |
ACCOUNT |
INFORMATION |
|
REGULATED BY:
US TRADERS: NO |
AUDUSD SPREADS: 0.0 pip on Raw Spread Account & $7 per lot commissions |
PLATFORMS: □ MetaTrader-4 □ MetaTrader-5 □ cTrader SCALPING: YES
|
$200 Minimum Account for all trading platforms FUNDING METHODS
|
Wide Asset Index and Fast Order Execution WEB-SITE: |
|
REGULATED BY:
US TRADERS: NO |
AUDUSD SPREADS: 1.0-1.5 pip |
PLATFORMS: □ MetaTrader-4 □ MetaTrader-5 □ cTrader SCALPING: YES
|
$200 Minimum Deposit Amount FUNDING METHODS
|
NOT-EUROPE: REVIEW: ► Review |
PAIRS: » EURUSD | » GBPUSD | » USDJPY | » USDCAD | » EURGBP | » EURJPY | » NZDUSD
◙ AUDUSD ANALYSIS
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