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

EU Session Analysis for CFD Instruments 12/01/2021

Fundamental analysis

12 January, 2021

The Aussie Dollar edged lower to 0.7690. The Aussie Dollar slid lower on Monday. Australia reported Retail Sales for November rose 7.1%, Month-over-Month. The consensus forecast was for an increase of 7.1%. In the United States, the Conference Board Employment Trends for December printed at 99.01, slightly lower than November’s print of 99.05.

Technical analysis

Australian Dollar - Dollar Analysis Technical analysis 12/01/2021
Time Frame: 1 hour

AUDUSD Support & Resistance Table - 12/01/2021

Support & Resistance Level Explanation
Resistance 2 0.7768 Daily R2
Resistance 1 0.7742 Daily R1
Support 1 0.7673 Daily S1
Support 2 0.7648 Daily S2

AUDUSD Indicator Table - 12/01/2021

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

AUDUSD Indicator / Period Table - 12/01/2021

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

AUDUSD 12/01/2021 - Reference Price : 0.7717

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