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 20/08/2024

Fundamental analysis

20 August, 2024

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

There is no major data due to be posted today in Australia. In the United States Fed member Bostic will speak this afternoon.

Technical analysis

Australian Dollar - Dollar Analysis Technical analysis 20/08/2024
Time Frame: 1 hour

AUDUSD Support & Resistance Table - 20/08/2024

Support & Resistance Level Explanation
Resistance 2 0.6774 Daily R2
Resistance 1 0.6756 Daily R1
Support 1 0.6706 Daily S1
Support 2 0.6688 Daily S2

AUDUSD Indicator Table - 20/08/2024

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

AUDUSD Indicator / Period Table - 20/08/2024

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

AUDUSD 20/08/2024 - Reference Price : 0.6732

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