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 21/10/2022

Fundamental analysis

21 October, 2022

The Australian dollar pair was lower during the asian session. The pair is trading 0.6262. Australia reported Employment Change for September at 0.9k vs 25.0k expected. The Unemployment Rate for September printed 3.5% as expected. Australia has no economic events scheduled to report later today. The United States printed Initial Jobless Claims at 214k vs 230k expected. The Philadelphia Fed Manufacturing Index for October printed -8.7 vs -5.0 expected. Existing Home Sales for September printed 4.71m vs 4.70m expected. The United States has no economic events scheduled to report.

Technical analysis

Australian Dollar - Dollar Analysis Technical analysis 21/10/2022
Time Frame: 1 hour

AUDUSD Support & Resistance Table - 21/10/2022

Support & Resistance Level Explanation
Resistance 2 0.6334 Daily R2
Resistance 1 0.6302 Daily R1
Support 1 0.6218 Daily S1
Support 2 0.6186 Daily S2

AUDUSD Indicator Table - 21/10/2022

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

AUDUSD Indicator / Period Table - 21/10/2022

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

AUDUSD 21/10/2022 - Reference Price : 0.6262

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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