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

EU Session Analysis for CFD Instruments 12/03/2021

Fundamental analysis

12 March, 2021

The Aussie Dollar inched lower trading around 0.7784 during the Asian session. The Aussie Dollar finished the European trading day slightly higher. Australia’s MI Inflation Expectations printed at 4.1%. In the United States, Initial Jobless Claims for the past week were reported to be 712,000. The consensus forecast was 725,000.

Technical analysis

Australian Dollar - Dollar Analysis Technical analysis 12/03/2021
Time Frame: 1 hour

AUDUSD Support & Resistance Table - 12/03/2021

Support & Resistance Level Explanation
Resistance 2 0.7821 Daily R2
Resistance 1 0.7795 Daily R1
Support 1 0.7726 Daily S1
Support 2 0.7700 Daily S2

AUDUSD Indicator Table - 12/03/2021

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

AUDUSD Indicator / Period Table - 12/03/2021

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

AUDUSD 12/03/2021 - Reference Price : 0.7758

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