CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% 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 19/01/2023

Fundamental analysis

19 January, 2023

The Australian dollar decreased during the Asian session. The pair is trading 0.6905. Australia has no economic events scheduled to report. The US dollar remains under pressure as the Fed approaches the end of its rate hike cycle as inflation in the US heads lower. PPI report and retail sales number for December will be published in the afternoon hours.

Technical analysis

Australian Dollar - Dollar Analysis Technical analysis 19/01/2023
Time Frame: 1 hour

AUDUSD Support & Resistance Table - 19/01/2023

Support & Resistance Level Explanation
Resistance 2 0.6959 Daily R2
Resistance 1 0.6931 Daily R1
Support 1 0.6857 Daily S1
Support 2 0.6829 Daily S2

AUDUSD Indicator Table - 19/01/2023

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

AUDUSD Indicator / Period Table - 19/01/2023

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

AUDUSD 19/01/2023 - Reference Price : 0.6882

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