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AUDUSD

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How to Use Currency Pairs to Your Advantage

Currency pairs are a mechanism that compares two separate countries’ currencies against one another. The relationship between the two currencies is inverse, which means that, if one goes up, the other must go down. Why Were Currency Pairs Created? Currency pairs allow the foreign exchange market to decide which currency is stronger based on technical [...]

By | July 12th, 2016|Forex Education|0 Comments

AUD USD – Testing Resistance

After a long and comfortable downtrend, it looks like AUDUSD is turning around and going to test a key resistance level. But it's safe to say that forex wouldn't be so much fun if it wasn't for these moments. Many traders like to try and guess during these uneasy times, however, sometimes it is better [...]

By | February 24th, 2016|Forex Education|2 Comments