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 has had an 80% positive correlation to the price of gold and a 90% positive correlation to the New Zealand dollar
- During the past two decades, the correlation between copper and Aussie is more than 70%
■ AUDUSD TRADING INFO
-
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 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 TRADING |
MINIMUM TRADING SPREAD |
1.3 pip |
1.1 pip |
0.1 pip |
TRADING COMMISSIONS |
NO |
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 |
NO |
TRADING LEVERAGE |
30:1 (EU) to 500:1 |
30:1 (EU) to 500:1 |
30:1 (EU) to 500:1 |
ORDER EXECUTION MODEL |
ECN |
STP |
CFDs |
MINIMUM DEPOSIT & FUNDING OPTIONS |
|
|
|
REGULATION |
|
|
|
PROMOTIONS |
|
|
|
• WEB PAGE • |
» LQDFX |
» IC TRADING |
■ Australian Dollar against the US Dollar (AUDUSD)
Researched and Edited by G. P. for CurrenciesFx.com (c)
> READ MORE