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 27/12/2022

Fundamental analysis

27 December, 2022

The Australian dollar pushed higher during the Asian session. The pair is trading 0.6679686. Australia has no economic events scheduled to report. The United States reported The Core PCE Price Index Month-on-Month for November at 0.2% as expected. Core Durable Goods Orders Month-on-Month for November printed -2.1% vs -0.6% expected. New Home Sales for November were reported at 640k vs 600k expected. Michigan Consumer Sentiments for December printed 59.7. The consensus was 59.1. The Goods Trade Balance for November will be reported later today.

Technical analysis

Australian Dollar - Dollar Analysis Technical analysis 27/12/2022
Time Frame: 1 hour

AUDUSD Support & Resistance Table - 27/12/2022

Support & Resistance Level Explanation
Resistance 2 0.6826 Daily R2
Resistance 1 0.6801 Daily R1
Support 1 0.6734 Daily S1
Support 2 0.6709 Daily S2

AUDUSD Indicator Table - 27/12/2022

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 - 27/12/2022

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

AUDUSD 27/12/2022 - Reference Price : 0.6769

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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