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 17/08/2021

Fundamental analysis

17 August, 2021

The Aussie Dollar fell sharply on Tuesday. It is currently 0.72864. The Reserve Bank of Australia released the minutes of its most recent monetary policy meeting. The minutes noted that the latest outbreak of the virus was hurting Australia’s economic recovery. The United States will report Retail Sales and Industrial Production for July later today.

Technical analysis

Australian Dollar - Dollar Analysis Technical analysis 17/08/2021
Time Frame: 1 hour

AUDUSD Support & Resistance Table - 17/08/2021

Support & Resistance Level Explanation
Resistance 2 0.7323 Daily R2
Resistance 1 0.7308 Daily R1
Support 1 0.7269 Daily S1
Support 2 0.7255 Daily S2

AUDUSD Indicator Table - 17/08/2021

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

AUDUSD Indicator / Period Table - 17/08/2021

Indicator / Period Day - SellWeek - SellMonth - Buy
MACD( 12;26;9) Sell SellBuy
RSI (14) Neutral SellNeutral
SMA 20 Sell SellBuy

AUDUSD 17/08/2021 - Reference Price : 0.7285

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