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. 70.41% 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 21/05/2024

Fundamental analysis

21 May, 2024

The Australian Dollar was slightly higher against the US Dollar during European trading, trading above 0.6600 levels.

Australia will not be announcing any major data today. No significant data is set for release in the United States.

Technical analysis

Australian Dollar - Dollar Analysis Technical analysis 21/05/2024
Time Frame: 1 hour

AUDUSD Support & Resistance Table - 21/05/2024

Support & Resistance Level Explanation
Resistance 2 0.6711 Daily R2
Resistance 1 0.6694 Daily R1
Support 1 0.6648 Daily S1
Support 2 0.6631 Daily S2

AUDUSD Indicator Table - 21/05/2024

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

AUDUSD Indicator / Period Table - 21/05/2024

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

AUDUSD 21/05/2024 - Reference Price : 0.6670

Buy
Simple Moving AverageBuy (2)Sell (1)
Technical Indicators - OscillatorsBuy (3)Sell (0)
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Australian Dollar - US Dollar Chart
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