AUDUSD

Rédigé par Doron Rozenberg

Introduction to Trading AUD/USD

The Australian Dollar and the US Dollar pair, often referred to as the "Aussie," is a prominent currency pair in the forex market. Accounting for about five percent of the total forex market volume, it's a favored choice among traders. This pair's value is closely linked to commodity prices, reflecting Australia's significant exports of iron ore and coal. The robust economies of both countries add to its appeal. For those interested in trading AUD/USD, eToro offers a user-friendly platform. In this guide, I'll delve into the nuances of trading this pair and share some personal insights that might be helpful.

Trading AUD/USD through CFDs

On eToro, trading the AUD/USD pair involves CFDs (Contracts for Difference), not direct currency exchange. The allure of CFD trading lies in its ability to speculate on forex market movements without owning the actual currencies. It's a flexible and efficient way to engage with the forex market.

Why I Prefer Trading AUD/USD on eToro

Having traded this pair on eToro several times, I've noticed numerous advantages, which include:

• A user-friendly interface that simplifies trading.
• Flexibility to trade according to your schedule.
• Absence of transaction fees on currency trades.
• The use of leverage, allowing traders to open larger positions with a relatively small capital commitment.

These features make eToro an attractive platform for trading the AUD/USD pair. Stay tuned for more detailed insights and tips in this guide.

Exploring the AUD/USD Asset Page on eToro

When you visit the AUD/USD asset page on eToro, you'll land on the Overview section by default. This area provides several key elements to help you understand and analyze the asset:

1. Graph: Displays the asset's performance over time.
2. About: Offers brief information about the AUD/USD pair.
3. Latest News: Presents the most recent news relevant to the pair, sourced from CityFALCON.
4. People Also Bought: Highlights other popular currency pairs that traders are currently investing in.
5. Copy Investors: Lists top-performing traders involved with this currency pair. Clicking the "Copy" button next to a trader's name will direct you to the copy trading window for that individual.
6. Discussions: Here, traders engage in conversations about the AUD/USD pair. You can filter to view top discussions or all discussions and participate by liking, commenting, or sharing posts.

Tools for Trading AUD/USD on eToro

The platform offers several integrated tools that enhance the trading experience:

• Chart: Provides a live chart for AUD/USD, which you can customize to show time gaps from 1 minute to 1 week.
• News and Sentiment Trends: Shows the latest news about AUD/USD, powered by CityFALCON, including the mood of the news (positive, negative, or neutral). The Sentiment Trends section quantifies the overall sentiment towards this topic, displaying a 30-day average sentiment and highlighting top stories for each day.

How to Trade AUD/USD on eToro

To trade the AUD/USD pair on eToro:

1. Search for the underlying asset.
2. Choose to "BUY" or "SELL".
3. Input your investment amount.
4. Set your trading preferences.
5. Execute the trade.

Conclusion

That concludes our guide to trading the AUD/USD pair on eToro's web platform and mobile app. Keep these insights and tips in mind as you embark on your forex trading journey. Happy trading!

eToro est une plateforme multi-actifs qui permet d'investir en actions et en crypto-actifs, ainsi que de trader des CFD.

Attention : les CFD sont des instruments complexes présentant un risque élevé de perte rapide en capital en raison de l'effet de levier. 61 % des comptes d'investisseurs particuliers perdent de l'argent lorsqu'ils négocient des CFD avec ce fournisseur. Vous devez vous assurer de bien comprendre le fonctionnement des CFD et d'être en mesure d'assumer le risque élevé de perte de votre capital.

Cette communication est uniquement destinée à des fins d'information et de formation et ne constitue en aucun cas un conseil ou une recommandation d'investissement. Les performances passées ne préjugent pas des performances futures.

Le copy trading ne constitue pas un conseil en investissement. La valeur de vos investissements peut fluctuer à la hausse comme à la baisse. Votre capital est à risque.

N'investissez pas si vous n'êtes pas prêt à perdre la totalité de votre investissement. Il s'agit d'un investissement à haut risque et vous ne devez pas vous attendre à être protégé en cas de problème. Prenez 2 minutes pour en savoir plus.

Les investissements en cryptomonnaies sont risqués et peuvent ne pas convenir aux investisseurs particuliers ; vous pourriez perdre la totalité de votre investissement. Pour comprendre les risques, consultez la page https://etoro.tw/3PI44nZ.

eToro USA LLC ne propose pas de CFD et n'offre aucune garantie quant à l'exactitude ou l'exhaustivité du contenu de cette publication, préparée par notre partenaire à partir d'informations publiques non spécifiques à eToro.