Trading
Analysis
Partnership
English
AUD/NZD: indicates the price of one Australian dollar in relation to New Zealand dollars. This currency pair would suit novice traders, since it’s not particularly volatile. The currency pair’s rate goes about 90 pips a day. It’s traded most actively at the start of the Asian and European trading sessions, as well as the opening of Australian Securities Exchange.
The similarity of the two countries’ economies doesn’t make for high volatility. It means that the instrument is well suited for beginners, while being poorly compatible with scalping.
To achieve better results in medium-term trading, it’s recommended to use the four-hour timeframe.
The main fundamental factors that influence this pair are: the difference in interest rates of New Zealand and Australia, global market trends, raw materials prices, as well as favorable weather conditions and natural disasters. Since the economies of both countries are usually dependent on similar factors, trend reversal is rather rare.
Register and open an account.
Deposit using any convenient method. Verify your phone number before you start trading to secure your account.
Install a trading terminal or trade directly in your browser.
Futures contracts for gold prices fluctuated in a narrow range that tends to decline during …
Read more...
The dollar versus yen pair provided negative trading yesterday to move away from the 109.22 …
Read more...
Friday, April 16th, today’s news—China's GDP grew by the record 18.3% year-on-year, but the quarterly …
Read more...The descending wave pattern is truncated. The support level of 149.57 is holding back …
Read more...The pair is declining due to profit-taking and the resumption of growth in the …
Read more...#DAL
The overall trend is upward. The descending wave pattern of the H1 level is …
Read more...