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 11/05/2021

Fundamental analysis

11 May, 2021

The Aussie Dollar currency pair edged lower, trading around 0.7826 during the Asian session. The Aussie Dollar traded higher on Monday but finished off of its highs of the day. Australia’s Retail Sales for March rose 1.3%, Month-over-Month, and fell 0.5%, Year-over-Year. In the United States, the Conference Board Employment Trends Index for April came in at 105.40, higher than March’s figure of 102.70.

Technical analysis

Australian Dollar - Dollar Analysis Technical analysis 11/05/2021
Time Frame: 1 hour

AUDUSD Support & Resistance Table - 11/05/2021

Support & Resistance Level Explanation
Resistance 2 0.7891 Daily R2
Resistance 1 0.7868 Daily R1
Support 1 0.7806 Daily S1
Support 2 0.7782 Daily S2

AUDUSD Indicator Table - 11/05/2021

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

AUDUSD Indicator / Period Table - 11/05/2021

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

AUDUSD 11/05/2021 - Reference Price : 0.7833

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