CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% 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 18/03/2021

Fundamental analysis

18 March, 2021

The Aussie Dollar moved upwards, trading around 0.7823 during the Asian session. The Aussie Dollar fell in a steady fashion on Wednesday. Australia’s MI Leading Index printed at 0.0%, Month-over-Month. In the United States, Building Permits for February were 1.682 million, less than the 1.75 million that had been forecast. Housing Starts for February printed at 1.421 million. The consensus forecast was 1.56 million. Most currencies were quiet at the end of the European trading day ahead of U.S. Fed Chairman Powell’s press conference in the evening.

Technical analysis

Australian Dollar - Dollar Analysis Technical analysis 18/03/2021
Time Frame: 1 hour

AUDUSD Support & Resistance Table - 18/03/2021

Support & Resistance Level Explanation
Resistance 2 0.7889 Daily R2
Resistance 1 0.7866 Daily R1
Support 1 0.7806 Daily S1
Support 2 0.7783 Daily S2

AUDUSD Indicator Table - 18/03/2021

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

AUDUSD Indicator / Period Table - 18/03/2021

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

AUDUSD 18/03/2021 - Reference Price : 0.7842

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