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 17/11/2022

Fundamental analysis

17 November, 2022

The Australian dollar fell during the asian session. The pair is trading 0.6718. Australia reported its Employment Change for October at 32.2k vs 15.0k expected. The Unemployment Rate for October printed 3.4% The Consensus was 3.6%. The United States Retail Sales Month-on-Month for October printed 1.3% vs 1.0% expected, while Core Retail Sales Month-on-Month for October printed 1.3% vs 0.4% expected. Initial Jobless Claims and The Philadelphia Fed Manufacturing Index for November will be reported later today.

Technical analysis

Australian Dollar - Dollar Analysis Technical analysis 17/11/2022
Time Frame: 1 hour

AUDUSD Support & Resistance Table - 17/11/2022

Support & Resistance Level Explanation
Resistance 2 0.6814 Daily R2
Resistance 1 0.6776 Daily R1
Support 1 0.6675 Daily S1
Support 2 0.6638 Daily S2

AUDUSD Indicator Table - 17/11/2022

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

AUDUSD Indicator / Period Table - 17/11/2022

Indicator / Period Day - BuyWeek - BuyMonth - Sell
MACD( 12;26;9) Buy SellSell
RSI (14) Buy NeutralSell
SMA 20 Buy BuySell

AUDUSD 17/11/2022 - Reference Price : 0.6728

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