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 23/10/2024

Fundamental analysis

23 October, 2024

The Australian Dollar edged lower against the US Dollar during Asian trading below 0.6700 levels.

The Australian Dollar struggled to secure its previous session's gains in the Asian session. In Australia, no major data releases are expected today. In the United States, Fed Member Bowman will speak (14:00 GMT+1) and Existing Home Sales data (3.88 mln expected) will be posted (15:00 GMT+1).

Technical analysis

Australian Dollar - Dollar Analysis Technical analysis 23/10/2024
Time Frame: 1 hour

AUDUSD Support & Resistance Table - 23/10/2024

Support & Resistance Level Explanation
Resistance 2 0.6707 Daily R2
Resistance 1 0.6694 Daily R1
Support 1 0.6657 Daily S1
Support 2 0.6643 Daily S2

AUDUSD Indicator Table - 23/10/2024

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

AUDUSD Indicator / Period Table - 23/10/2024

Indicator / Period Day - SellWeek - SellMonth - Sell
MACD( 12;26;9) Sell SellBuy
RSI (14) Sell SellSell
SMA 20 Sell SellSell

AUDUSD 23/10/2024 - Reference Price : 0.6675

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