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 22/10/2024

Fundamental analysis

22 October, 2024

The Australian Dollar increased against the US Dollar during European trading above 0.6600 levels.

The AUD/USD pair rebounded strongly from the key support of 0.6650 in Tuesday’s European session on expectations that the RBS will continue in its restrictive monetary policy stance. In Australia, no major data releases are expected today. In the United States, Fed Member Harker will speak (15:00 GMT+1).

Technical analysis

Australian Dollar - Dollar Analysis Technical analysis 22/10/2024
Time Frame: 1 hour

AUDUSD Support & Resistance Table - 22/10/2024

Support & Resistance Level Explanation
Resistance 2 0.6720 Daily R2
Resistance 1 0.6706 Daily R1
Support 1 0.6666 Daily S1
Support 2 0.6652 Daily S2

AUDUSD Indicator Table - 22/10/2024

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 - 22/10/2024

Indicator / Period Day - SellWeek - SellMonth - Sell
MACD( 12;26;9) Sell BuySell
RSI (14) Neutral NeutralNeutral
SMA 20 Sell SellSell

AUDUSD 22/10/2024 - Reference Price : 0.6686

Sell
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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