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 21/12/2022

Fundamental analysis

21 December, 2022

The Australian dollar edged lower during the asian session. The pair is trading 0.6672. The Reserve Bank of Australia reported its meeting minutes earlier today. The United States reported Building Permits for November at 1.342m vs 1.485m expected. Housing Starts for November printed 1.427m. The consensus was 1.400m. Existing Home Sales for November will be reported later today along with CB Consumer Confidence for December.

Technical analysis

Australian Dollar - Dollar Analysis Technical analysis 21/12/2022
Time Frame: 1 hour

AUDUSD Support & Resistance Table - 21/12/2022

Support & Resistance Level Explanation
Resistance 2 0.6739 Daily R2
Resistance 1 0.6709 Daily R1
Support 1 0.6631 Daily S1
Support 2 0.6602 Daily S2

AUDUSD Indicator Table - 21/12/2022

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

AUDUSD Indicator / Period Table - 21/12/2022

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

AUDUSD 21/12/2022 - Reference Price : 0.6667

Sell
Simple Moving AverageBuy (0)Sell (3)
Technical Indicators - OscillatorsBuy (2)Sell (1)
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Australian Dollar - US Dollar Chart
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