CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70.91% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing all your money. Read full risk warning.

Australian Dollar - Dollar Analysis

US Session Analysis for CFD Instruments 18/05/2021

Fundamental analysis

18 May, 2021

The Aussie Dollar climbed marginally higher on Tuesday. It is 0.77989 at midday in Europe. The Reserve Bank of Australia released the minutes of its last policy meeting and there were no surprises. The bank will continue to remain accommodative for the foreseeable future. The United States will release Housing Starts and Building Permits for April later today.

Technical analysis

Australian Dollar - Dollar Analysis Technical analysis 18/05/2021
Time Frame: 1 hour

AUDUSD Support & Resistance Table - 18/05/2021

Support & Resistance Level Explanation
Resistance 2 0.7848 Daily R2
Resistance 1 0.7827 Daily R1
Support 1 0.7773 Daily S1
Support 2 0.7752 Daily S2

AUDUSD Indicator Table - 18/05/2021

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

AUDUSD Indicator / Period Table - 18/05/2021

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

AUDUSD 18/05/2021 - Reference Price : 0.7797

Buy
Simple Moving AverageBuy (3)Sell (0)
Technical Indicators - OscillatorsBuy (0)Sell (2)
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Australian Dollar - US Dollar Chart
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