EURAUD STATISTICS

The Euro against the Australian Dollar. EURAUD accounted for 0.39% of the Foreign Exchange market volume in 2016.

 

According to our data {2000-2018} these are the best months to go long/short on EURAUD:

BEST MONTHS FOR LONG TRADES (↑)

• AUGUST, average returns +0.93%, times (12-7), and -0.20% momentum

RECENT 5 PERIODS: 4 bullish out of 5

RELIABILITY: a relatively reliable seasonal pattern after 2014 (☆☆☆)

• DECEMBER, average returns +0.80%, times (13-5), and +0.18% momentum

RECENT 5 PERIODS: 4 bullish out of 5

RELIABILITY: a relatively reliable seasonal pattern, after 2011 (☆☆☆)

BEST MONTHS FOR SHORT TRADES (↓)

• FEBRUARY, average negative returns -0.53%, times (5-14), and -0.79% momentum

RECENT 5 PERIODS: 3 bearish out of 5

RELIABILITY: not a very reliable seasonal pattern (☆☆)

• OCTOBER, average negative returns -0.95%, times (5-13), and -1.00% momentum

RECENT 5 PERIODS: 4 bearish out of 5

RELIABILITY: a relatively reliable seasonal pattern, after 2008 (☆☆☆☆)

 

AUD Correlations

■ AUDUSD has had an 80% positive historical correlation to the Gold Price (» Read More about Gold and Aussie at ForexExperts)

■ The Aussie is highly correlated to the New Zeeland Dollar (more than 90%)

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

 

The full statistics of the pair are presented in the book (licensed by G. Protonotarios): ► The Hidden Patterns Behind 15 Forex Pairs: Revealing Momentum and Seasonal Patterns Based on 18.5 Years of Daily Exchange Rates

 

◘ EUR/AUD Forex Brokers

BROKER	INSTA FOREX	XM	HOT FOREX
EUR/AUD SPREAD	7 Pip	6 Pip	4.4 Pip
EUR/AUD COMMISSIONS	NO	NO	NO
EUR/AUD SWAP CHARGES	↑ -1.16 / ↓ +1.16	↑ -1.72 / ↓ +0.72	↑ -1.93 / ↓ +0.84
EUR/AUD EXECUTION	ECN BROKER	STP BROKER	STP BROKER
US TRADERS	NO	NO	NO
REVIEW BROKER	» Review InstaForex	» Review XM	» Review HotForex
VISIT BROKER	» VISIT	» VISIT	» VISIT

 

◘ EUR/AUD Central Banks

» European Central Bank

» Australian Central Bank

 

■ EURAUD Forex Statistics

Source: TradingCenter.org (c)