Euro/Australian Dollar Financial Spread Betting and Trading Guide with Charts and Prices
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EUR/AUD Spread Betting Guide

EUR/AUD Spread Betting



Where Can I Spread Bet on EUR/AUD?


At the moment, investors are able to financial spread bet with no brokers' fees or commissions on EUR/AUD with the following providers:

EUR/AUD Market Analysis and Trading News


Date Trading Update
09-Oct-17 [12:48pm]

EUR/AUD Daily Market Analysis

  • EUR/AUD is currently trading at A$1.51352.
  • In the last session, the market closed A$0.00097 (0.06%) higher at A$1.50931.
30 Minute Analysis

Rising Forex Pair The FX market is trading higher than the 20 period moving average of A$1.51156 and higher than the 50 period moving average of A$1.51004.

1 Day Analysis

Rising Forex Pair The currency pair is higher than the 20 day moving average of A$1.50006 and higher than the 50 day moving average of A$1.49606.

Update by Gordon Childs, Editor, CleanFinancial

» More forex trading views and analysis.

Readers please note:


Where Can I Find Live Spread Betting Prices and Charts for EUR/AUD?


This interactive CFD chart will offer you a valuable guide to the EUR/AUD rate.


The above Plus500 chart is usually based on the EUR/AUD futures contract (not the spot market).

Should you want to review real-time spread betting charts and prices for EUR/AUD, you may require a financial spread betting account.

Also, a spreads account would let you trade on the shorter-term spot prices. Please note that opening any such account is subject to credit, suitability and status checks.

Should your new account be approved, you will be able to log on and analyse the real-time charts and prices. Usually, these will be provided for free. The catch is that you're likely to get the occasional letter and/or call from the financial spread betting firm.

If you do trade then, before you start, be aware that contracts for difference and financial spread trading involve a high level of risk and can result in losses that are greater than your initial deposit.

Advanced Charts for EUR/AUD


Whilst charting software and packages can vary from firm to firm, in order to assist you with your trading, they usually come with handy features and tools such as:
  • A wide range of time periods e.g. 1 minute, 4 hours, 1 day etc.
  • A variety of displays e.g. line, OHLC and candlestick charts
  • Drawing features e.g. Fibonacci Time Zones, Fans and Arcs

Charts from Selftrade Markets also include more advanced aspects like:
  • Custom Indicators and Back Testing
  • Key technical overlays e.g. Parabolic SAR, Ichimoku Kinko Hyo, Envelopes etc.
  • Technical indicator charts e.g. Relative Volatility Index, Historical Volatility, CCI etc.
  • Customised email alerts that trigger when your chosen market reaches a certain level

Example currency market trading chart

EUR/AUD Trading Guide - Example Chart


The firms listed below offer account holders access to live trading prices/charts:
Advert: EUR/AUD Spread Betting, sponsored by FinancialSpreads.com.
You can spread bet on EUR/AUD with Financial Spreads.


Where Can I Spread Bet on EUR/AUD for Free?


Speculating on the markets is never risk free. Nevertheless, if you would like to open a Test Account, that lets you try financial spread betting on a large variety of markets, see below.

When considering which investment option might work for you, also remember that spread betting, in the UK, is currently exempt from tax*.

Assuming you want a free trading platform, you should note that you can take a view on EUR/AUD with no brokers' fees, and zero commissions, through companies like:

Free Demo Account


If you're interested in a free Test Account where you are able to get a better understanding of financial spread betting, including trading markets like the FTSE 100, crude oil, GBP/USD and EUR/AUD, then you could take a look at: The above firms currently offer a Test Account that investors can use to test new ideas, use professional charts and apply a host of trading orders.


How to Spread Bet on EUR/AUD

How to Spread Bet on EUR/AUD?


As with a lot of markets, investors can spread bet on forex rates, like EUR/AUD, to either increase or decrease.

Looking at a spread betting platform like Capital Spreads, you can see they are currently pricing the EUR/AUD Rolling Daily market at A$1.23163 - A$1.23243. Therefore, an investor could spread trade on the EUR/AUD rate:

  EUR/AUD Spread Trading Example Increasing above A$1.23243, or
  EUR/AUD Spread Betting Example Decreasing below A$1.23163

Whilst spread betting on EUR/AUD you trade in x per point where a point is A$0.00010 of the pairs movement. So, should you decide to invest 4 per point and EUR/AUD moves 22.0 points then that would change your profit/loss by 88. 4 per point x A$0.00220 = 4 per point x 22.0 points = 88.

Rolling Daily Foreign Exchange Markets

You should note that this is a Rolling Daily Market which means that unlike a futures market, there is no settlement date. As a result, if your trade is still open at the end of the trading day, it will stay open and roll over into the next day.

If your FX position is rolled over then you are usually charged a small overnight financing fee. To see a fully worked example read Rolling Daily Spread Betting.


EUR/AUD Trading Example 1


Now, if we take the above spread of A$1.23163 - A$1.23243 and assume:
  • You've done your analysis, and
  • You think that the EUR/AUD market will go higher than A$1.23243
Then you might go long of the market at A$1.23243 and invest, lets say, 2 per point.

With such a spread bet you make a profit of 2 for every point (A$0.00010) that the EUR/AUD pair moves above A$1.23243. Nevertheless, it also means that you will make a loss of 2 for every point that the EUR/AUD market moves below A$1.23243.

Considering this from another angle, if you Buy a spread bet then your profits (or losses) are calculated by taking the difference between the final price of the market and the initial price you bought the market at. You then multiply that difference in price by your stake.

If after a few hours the forex pair started to rise you might decide to close your position in order to guarantee your profit.

So if the market rose then the spread, set by the spread betting company, could change to A$1.23859 - A$1.23939. You would settle your position by selling at A$1.23859. As a result, with the same 2 stake your profit would come to:

P&L = (Settlement Price - Opening Price) x stake
P&L = (A$1.23859 - A$1.23243) x 2 per point stake
P&L = A$0.00616 x 2 per point stake
P&L = 61.6 points x 2 per point stake
P&L = 123.20 profit

Financial spread trading wont always go to plan. With this example, you had bet that the FX pair would rise. However, the FX rate might go down.

If the EUR/AUD rate weakened, against your expectations, then you might choose to close your spread bet to limit your losses.

If the spread dropped to A$1.22707 - A$1.22787 you would settle your spread bet by selling at A$1.22707. This would result in a loss of:

P&L = (Settlement Price - Opening Price) x stake
P&L = (A$1.22707 - A$1.23243) x 2 per point stake
P&L = -A$0.00536 x 2 per point stake
P&L = -53.6 points x 2 per point stake
P&L = -107.20 loss

Note: EUR/AUD Rolling Daily market accurate as of 11-Sep-12.


Advert: EUR/AUD Spread Betting, sponsored by FinancialSpreads.com.
You can spread bet on EUR/AUD with Financial Spreads.


How to Spread Bet on Euro - Australian Dollar

How to Spread Bet on Euro - Australian Dollar - Example 2


Looking at a spread betting platform like Tradefair, we can see they are pricing the Euro - Australian Dollar Rolling Daily market at A$1.24961 - A$1.25041. This means you can put a spread bet on the Euro - Australian Dollar rate:

  Euro - Australian Dollar Trading Example Going higher than A$1.25041, or
  Euro - Australian Dollar Spread Trading Example Going lower than A$1.24961

Whilst spread trading on Euro - Australian Dollar you trade in x per point where a point is A$0.00010 of the pairs movement. As a result, if you decide to invest 3 per point and Euro - Australian Dollar moves 39.0 points then that would alter your profits (or losses) by 117. 3 per point x A$0.00390 = 3 per point x 39.0 points = 117.

Now, if we continue with the spread of A$1.24961 - A$1.25041 and assume that:
  • You've completed your research, and
  • You think that the Euro - Australian Dollar rate will push higher than A$1.25041
Then you could decide that you want to buy at A$1.25041 for a stake of, for the sake of argument, 2 per point.

Therefore, you make a profit of 2 for every point (A$0.00010) that the Euro - Australian Dollar pair pushes above A$1.25041. Nevertheless, it also means that you will lose 2 for every point that the Euro - Australian Dollar market goes below A$1.25041.

Thinking of this in a slightly different way, if you buy a spread bet then your P&L is worked out by taking the difference between the closing price of the market and the initial price you bought the spread at. You then multiply that difference in price by the stake.

As a result, if after a few days the rate moved higher then you could consider closing your position and therefore lock in your profits.

So if the market rose then the spread might move to A$1.25679 - A$1.25759. You would settle your position by selling at A$1.25679. Therefore, with the same 2 stake you would calculate your profit as:

P&L = (Closing Value - Initial Value) x stake
P&L = (A$1.25679 - A$1.25041) x 2 per point stake
P&L = A$0.00638 x 2 per point stake
P&L = 63.8 points x 2 per point stake
P&L = 127.60 profit

Financial spread betting on forex is not simple. In the above example, you wanted the FX pair to rise. Of course, the forex rate could fall.

If the Euro - Australian Dollar market weakened, against your expectations, then you could close your position to limit your losses.

Should the spread drop to A$1.24478 - A$1.24558 you would settle/close your trade by selling at A$1.24478. That would mean you would lose:

P&L = (Closing Value - Initial Value) x stake
P&L = (A$1.24478 - A$1.25041) x 2 per point stake
P&L = -A$0.00563 x 2 per point stake
P&L = -56.3 points x 2 per point stake
P&L = -112.60 loss

Note: Euro - Australian Dollar Rolling Daily spread betting price correct as of 18-Sep-12.


Advert: EUR/AUD Spread Betting, sponsored by FinancialSpreads.com.
You can spread bet on EUR/AUD with Financial Spreads.


Trading Risk Warning
'EUR/AUD Spread Betting' edited by Jacob Wood, updated 13-Apr-17

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