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 31/05/2024

Fundamental analysis

31 May, 2024

The Australian Dollar was marginally higher against the US Dollar during Asian trading, trading above 0.6600 levels.

Australia has no market moving data to announce today. Core PCE Price Index data is set for release in the United States.

Technical analysis

Australian Dollar - Dollar Analysis Technical analysis 31/05/2024
Time Frame: 1 hour

AUDUSD Support & Resistance Table - 31/05/2024

Support & Resistance Level Explanation
Resistance 2 0.6669 Daily R2
Resistance 1 0.6655 Daily R1
Support 1 0.6617 Daily S1
Support 2 0.6603 Daily S2

AUDUSD Indicator Table - 31/05/2024

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 - 31/05/2024

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

AUDUSD 31/05/2024 - Reference Price : 0.6638

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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