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. 70.41% 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 20/10/2021

Fundamental analysis

20 October, 2021

The Aussie Dollar currency pair traded higher, moving to around 0.7491 levels during the Asian session. The Aussie Dollar climbed sharply on Tuesday. Australia did not release any significant economic data. In the United States, Building Permits for September fell 7.7%, Month-over-Month and Housing Starts for September dropped 1.6%, Month-over-Month. Both figures were worse than analysts had forecast.

Technical analysis

Australian Dollar - Dollar Analysis Technical analysis 20/10/2021
Time Frame: 1 hour

AUDUSD Support & Resistance Table - 20/10/2021

Support & Resistance Level Explanation
Resistance 2 0.7528 Daily R2
Resistance 1 0.7512 Daily R1
Support 1 0.7469 Daily S1
Support 2 0.7453 Daily S2

AUDUSD Indicator Table - 20/10/2021

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

AUDUSD Indicator / Period Table - 20/10/2021

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

AUDUSD 20/10/2021 - Reference Price : 0.7493

Buy
Simple Moving AverageBuy (3)Sell (0)
Technical Indicators - OscillatorsBuy (1)Sell (1)
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Australian Dollar - US Dollar Chart
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