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Australian Dollar - Dollar Analysis

US Session Analysis for CFD Instruments 16/10/2020

Fundamental analysis

16 October, 2020

The Aussie Dollar traded sideways in a tight range on Friday. It is now 0.70816. Australia’s economic calendar is empty today. The United States will release potentially market moving data this afternoon including Retail Sales, Industrial Production, and the Michigan Consumer Sentiment Survey.

Technical analysis

Australian Dollar - Dollar Analysis Technical analysis 16/10/2020
Time Frame: 1 hour

AUDUSD Support & Resistance Table - 16/10/2020

Support & Resistance Level Explanation
Resistance 2 0.7127 Daily R2
Resistance 1 0.7108 Daily R1
Support 1 0.7057 Daily S1
Support 2 0.7038 Daily S2

AUDUSD Indicator Table - 16/10/2020

Indicator Signal
SMA 20 Sell
SMA 50 Sell
SMA 100 Sell
MACD( 12;26;9) Sell
RSI (14) Neutral
Stochastic ( 9;6;3) Buy

AUDUSD Indicator / Period Table - 16/10/2020

Indicator / Period Day - SellWeek - BuyMonth - Buy
MACD( 12;26;9) Sell BuySell
RSI (14) Neutral BuyNeutral
SMA 20 Sell BuyBuy

AUDUSD 16/10/2020 - Reference Price : 0.7089

Simple Moving AverageBuy (0)Sell (3)
Technical Indicators - OscillatorsBuy (1)Sell (1)
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Australian Dollar - US Dollar Chart
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