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 28/10/2024

Fundamental analysis

28 October, 2024

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

The Australian Dollar is going through a mild recovery on Monday’s early European session, favoured by a somewhat softer US Dollar as investors brace for a data-packed week in the US. In Australia, no major data releases are expected today. In the United States, there are no major data releases today.

Technical analysis

Australian Dollar - Dollar Analysis Technical analysis 28/10/2024
Time Frame: 1 hour

AUDUSD Support & Resistance Table - 28/10/2024

Support & Resistance Level Explanation
Resistance 2 0.6643 Daily R2
Resistance 1 0.6626 Daily R1
Support 1 0.6582 Daily S1
Support 2 0.6565 Daily S2

AUDUSD Indicator Table - 28/10/2024

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

AUDUSD Indicator / Period Table - 28/10/2024

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

AUDUSD 28/10/2024 - Reference Price : 0.6605

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