Forex charts are graphical representations of the relative values of various currency pairs. Charts come in three types: line, bar and candlestick charts, and they all tell their own stories. Staying on top of the chart-game is essential for every trader, given the fast-moving nature of the forex business. A proper forex portal will always provide up-to-date fx charts with technical indicators as well as technical analysis of the featured markets. FxExplained Australia will focus more on currency pairs including the Australian Dollar than our other sites. Below you will see three of the world’s most traded currency pairs including the Australian Dollar (AUD); AUDUSD, EURAUD and AUDNZD, please click on the live charts to modify the view of each fx chart. Further below you have a wide range of clickable pairs where you will get a specific page for that currency pair with live exchange rates as well as the latest analyses on that specific pair.
The AUD/USD chart represents the amount of USD needed to purchase one AUD, the EUR/AUD chart represents the amount of Australian dollar needed to purchase one Euro and the last chart, the AUD/NZD, represents the amount of New Zealand dollar needed to purchase one Australian Dollar. Click on any currency pair above and you will get a specific page with an fx live chart of that pair where you can play around with time periods, indicators and more in real time. Enjoy.
The Euro (EUR)
The Euro was introduced in 1999 and today the Euro is the closest challenger to the US dollar of becoming the world’s top reserve currency. It has not happened yet even though the currency serves more than 300 million people in Europe including quite a few booming economic countries. The European Central Bank (ECB) is the financial authority governing the Euro.
The US Dollar (USD)
The US dollar is both the world's most traded currency and also the top reserve currency in the world. Most commodities, like gold, are almost exclusively traded in the US dollar. The Federal Reserve is the financial authority governing the US dollar.
The Australian Dollar (AUD)
The Australian Dollar is a commodity currency with a unique exposure to the Asian markets. For that reason, it is a popular vehicle for Fx traders interested in diversification. Introduced in 1966, the AUD has been taken off the GBP peg in 1971. The financial authority controlling the AUD is the RBA (Reserve Bank of Australia). The Australian economy is based on the export of commodities, hence the “commodity currency” designation of the AUD.
The New Zealand Dollar (NZD)
The New Zealand dollar is a small currency, used besides New Zealand proper in Tokelau, Niue, the Cook Islands, the Pitcairn Islands and the Ross Dependency. Introduced in 1967, replacing the New Zealand Pound, the Kiwi Dollar was originally pegged to the USD. It became a floating currency in 1985. It is currently one of the 10 most traded currencies in the world, accounting for some 2% of the daily global forex turn over. Being a small currency, the value of the NZD is heavily influenced by the international interest rates.
Hope you enjoy our fx live charts above and please also take a look at our latest fx chart news below.