Tuesday, January 17, 2017

How Much Could You Earn Trading AUD/USD?

Dear Nasril Nizam

How much you could earn trading currency pair AUDUSD?

Have you been following Forex developments after the US presidential election? Here is how much you could earn by trading Australian dollars.

The Australian dollar (AUD) weakened against the US dollar (USD) after the US presidential election hitting a six month low but has retraced higher in last couple of weeks.

  • Based on our AUDUSD technical analysis released on January 5, 2017 you could buy 100,000 AUD with 1:100 leverage at the exchange rate AUDUSD 0.73 (going short 73,000 US dollars) on January 5, 2017 by investing 730 USD (margin for this position).
  • Close the position on January 12 at the exchange rate AUDUSD 0.75.
  • Therefore, by investing just 730 USD, you could earn 1996.10 USD (net of 3.90 USD swap charge), that is increase the investment by about 273%.

Try your own successful strategy by trading AUDUSD or any other major currency pair.

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