CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% 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 19/07/2021

Fundamental analysis

19 July, 2021

The Aussie Dollar currency pair fell, moving to around 0.7386 levels during the Asian session. The Aussie Dollar fell on Friday. Australia’s economic calendar was empty. In the United States, Retail Sales for June printed at 0.6%, Month-over-Month, and Core Retail Sales for June came in at 1.3%, Month-over-Month. The consensus forecasts were -0.4% and 0.4% respectively. The Michigan Consumer Sentiment for July was reported to be 80.8, well below the analysts’ estimate of 86.5.

Technical analysis

Australian Dollar - Dollar Analysis Technical analysis 19/07/2021
Time Frame: 1 hour

AUDUSD Support & Resistance Table - 19/07/2021

Support & Resistance Level Explanation
Resistance 2 0.7428 Daily R2
Resistance 1 0.7410 Daily R1
Support 1 0.7361 Daily S1
Support 2 0.7343 Daily S2

AUDUSD Indicator Table - 19/07/2021

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

AUDUSD Indicator / Period Table - 19/07/2021

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

AUDUSD 19/07/2021 - Reference Price : 0.7378

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