CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% 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. 75% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

Australian Dollar - Dollar Analysis

US Session Analysis for CFD Instruments 17/10/2024

Fundamental analysis

17 October, 2024

The Australian Dollar increased slightly against the US Dollar during European trading above 0.6600 levels.

The Australian Dollar climbed after hitting a fresh one month low yesterday. In Australia, Unemployment Rate data for September was 4.1% against 4.2% expected. In the United States, Philadelphia Fed Manufacturing Index data for October (4.2 exp) will be posted and Retail Sales data for September (0.3% exp) will be released (13:30 GMT+1).

Technical analysis

Australian Dollar - Dollar Analysis Technical analysis 17/10/2024
Time Frame: 1 hour

AUDUSD Support & Resistance Table - 17/10/2024

Support & Resistance Level Explanation
Resistance 2 0.6723 Daily R2
Resistance 1 0.6710 Daily R1
Support 1 0.6674 Daily S1
Support 2 0.6661 Daily S2

AUDUSD Indicator Table - 17/10/2024

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 - 17/10/2024

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

AUDUSD 17/10/2024 - Reference Price : 0.6692

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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