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 17/06/2021

Fundamental analysis

17 June, 2021

The Aussie Dollar currency pair moved slightly upwards at around 0.7628 levels during the Asian session. The Aussie Dollar made a steady climb on Wednesday. Australia’s economic calendar was empty. In the United States, Building Permits for May came in at 1.681 million, just shy of the 1.730 million predicted. U.S. Housing Starts for May rose 3.6%, Month-over-Month. The U.S. Federal Reserve will release its interest rate decision and hold a press conference after the European trading day.

Technical analysis

Australian Dollar - Dollar Analysis Technical analysis 17/06/2021
Time Frame: 1 hour

AUDUSD Support & Resistance Table - 17/06/2021

Support & Resistance Level Explanation
Resistance 2 0.7677 Daily R2
Resistance 1 0.7658 Daily R1
Support 1 0.7608 Daily S1
Support 2 0.7588 Daily S2

AUDUSD Indicator Table - 17/06/2021

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

AUDUSD Indicator / Period Table - 17/06/2021

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

AUDUSD 17/06/2021 - Reference Price : 0.7626

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