Forex Currency - The Australian Dollar – AUD

AU$

The Australian Dollar is among the top five most commonly traded currencies on the Forex market, and has been a free-floating currency, since 1983. The extensive wealth of natural resources that Australia possess, like diamonds, iron ore, coal, nickel, uranium, agricultural products, gold, and oil, is one of the main reasons why the Australian Dollar is so popular among traders.

 

The Reserve Bank of Australia (RBA) controls the Australian dollar and doesn’t make frequent interventions in the currency market. Australia’s heavy reliance on commodities means that the value of the Australian dollar is heavily tied in to any fluctuations in the value of these commodities.

FOREX currency trading

Did you know?

Did you know the coins and currency-pairs have nicknames?

The Australian Dollar is simply nicknamed Aussie!

See the latest analysis of the AUD pairs

AUD/USD H4 supply and demand

aud usd

AUD/USD | Short | H4 Timeframe: H4 Analysis Method: supply and demand Analysis: supply and demand fibo nivels break and retest zone Risk Management: 3.09

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AUD/USD M30 Break and Retest of support zone with .618 feb level.Trendline confirmation

AUDUSD SHORT

AUD/USD | Short | M30 Timeframe: M30 Analysis Method: Break and Retest of support zone with .618 feb level.Trendline confirmation Analysis: With current AUD weakness

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AUD/USD M30 Break and Retest with .618 feb level

AUDUSD SHORT

AUD/USD | Short | M30 Timeframe: M30 Analysis Method: Break and Retest with .618 feb level Analysis: With current AUD weakness and being bullish on

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AUD/USD H4 vol/wav

Sell audusd

AUD/USD | Short | H4 Timeframe: H4 Analysis Method: vol/wav Analysis: Look at the widespread downbar with such a high volume. Wait for a classic

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AUD/USD D1 vol/wav

Look for AUDUSD sell-off

AUD/USD | Short | D1 Timeframe: D1 Analysis Method: vol/wav Analysis: The price is slowly approaching the previous swing high of 0.7128. However, the pair

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AUD/USD D1 vol/wav

Sell AUDUSD

AUD/USD | Short | D1 Timeframe: D1 Analysis Method: vol/wav Analysis: The daily candle breaks below the bearish flag pattern. The volume is high. If

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