EUR/AUD analysis

[Davis Joseph]

The MACD is strongly in favor of buyers. 1.5404 is a strong moving average and trend line point and if the market exceeds the point then it will break out at bull sight. To the buyers the entry point will be at 1.5455 and the closing point is at 1.5674.

[Ranatunga]

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[Mc Gran]

As a scalper I like to trade with some specialize pairs among them one is EUR/AUD. I like the pair because this is very much fast in movement. I can easily carry a good amount of profit through trading the pair. With Trade12 I have narrow floating trading spread, ECN accounts with lowest commission, tightest margin level, lowest transaction cost and all time active support. I love my broker.

[Michael Samuel]

For the forex trader, this fixed spread allows for better pricing consistency from trade to trade. FXdirects offers the lowest spreads for currency pairs to trader can earn more profits. Spread is the difference between the bid and ask prices. In the case of the USD/CAD forex quote mentioned 1.0180/83, the spread is .0003, often expressed as 3 pips. Forex brokerages often set the spread of currency pairs offered at fixed amounts.