Trading the AUDUSD Forex Pair

Submitted by currenciesfx on Fri, 04/15/2022 - 09:53
Trading the AUDUSD Forex Pair

The Australian Dollar against the US Dollar. AUDUSD is a highly volatile Forex pair when measured on a daily basis. AUDUSD accounts for 6.5% of the total Foreign Exchange market volume.

■ AUDUSD TRADING

  • Best Time to Trade: between 19:00 GMT and 04:30 (GMT).
  • Best Months to go Long:  APRIL | JUNE
  • Best Months to go Short:  MAY | AUGUST
  • Correlations: EURUSD | NZDUSD | XAUUSD

■ AUDUSD has had an 80% positive correlation to the price of gold and a 90% positive correlation to the New Zeeland Dollar.

■ During the past two decades, the correlation between copper and Aussie is more than 70%

■ AUDUSD STATISTICS

Important statistics regarding AUDUSD.

Table: AUDUSD statistics

AUDUSD AVERAGE MONTHLY STATISTICS
 (JANUARY 2000 - SEPTEMBER 2018)
MONTH MONTHLY RETURNS BULLS      TIMES (↑) BEARS    TIMES (↓) VOLATILITY MOMENTUM  (ΔMP)
 (1) JANUARY -0.14% 8 11 1.01% 0.00%
 (2) FEBRUARY 0.22% 13 6 0.95% 0.28%
 (3) MARCH 0.32% 9 10 0.98% 0.15%
 (4) APRIL 1.29% 13 6 0.92% 0.60%
 (5) MAY -1.12% 6 13 1.00% -0.51%
 (6) JUNE 0.85% 13 6 1.03% 0.49%
 (7) JULY 0.20% 10 9 0.96% 0.16%
 (8) AUGUST -1.07% 7 12 0.99% -0.33%
 (9) SEPTEMBER -0.13% 11 8 1.04% -0.35%
(10) OCTOBER 0.32% 13 5 1.20% 0.16%
(11) NOVEMBER -0.14% 9 9 1.13% -0.07%
(12) DECEMBER 0.55% 8 10 0.88% -0.22%

Source: CurrenciesFx.com (G.P.)

■ AUDUSD TRADING

AUDUSD trading conditions.

AUDUSD TRADING ROBOFOREX LQDFX IC MARKETS
MINIMUM TRADING SPREAD 0.1 pip 1.1 pip 0.1 pip
TRADING COMMISSIONS $4.0 / ROUNDED LOT NO $7.0 / ROUNDED LOT
PLATFORMS MT4 / MT5 / cTrader / R Stocks Trader MT4 MT4 / MT5 / cTrader
AUTOMATED TRADING YES YES YES | FIX/API
PAMM ACCOUNTS YES YES YES
TRADING LEVERAGE 30:1 (EU) to 500:1 30:1 (EU) to 500:1 30:1
ORDER EXECUTION MODEL ECN STP ECN/STP
MINIMUM DEPOSIT & FUNDING OPTIONS
  • $10 for Cent Accounts & $5,000 for Prime Accounts
  • Wire, Cards, Neteller, Skrill, WebMoney, PerfectMoney
  • $20
  • Wire, Cards, Neteller, Skrill, FasaPay, UnionPay, UPaid
  • $200 FOR MT4/MT5
  • $1,000 for cTrader
  • Wire, Cards, Neteller, Skrill, WebMoney
REGULATION
  • IFSC
  • NO
  • ASIC (Australia)
PROMOTIONS
  • FREE VPS
  • TRADING CONTESTS
  • WELCOME BONUSES
  • 100% Cash Bonus (excluding PAMM)
  • Up to 20,000 USD
  • FREE VPS
• WEB PAGE • » ROBOFOREX » LQDFX » IC MARKETS

 

■ MORE FOREX PAIRS

at CurrenciesFx.com

» EURUSD » GBPUSD » USD/JPY » USD/CAD » NZD/USD » USD/CHF

 

■ AUDUSD

Researched and Edited by G. P. for CurrenciesFx.com (c)

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