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

EU Session Analysis for CFD Instruments 01/10/2024

Fundamental analysis

01 October, 2024

The Australian Dollar climbed against the US Dollar during Asian trading above 0.6900 levels.

The Aussie rose after yesterday recording its highest level since January 2022, as it continues its trend upwards, established at the beginning of the month. In Australia Retail Sales figures will be posted (02:30) today. In the United States, September’s Global US Manufacturing PMI (47.0 expected), ISM Manufacturing PMI (47.6 expected) and JOLT Job Openings data (7.640M) for August will be released (15:00 GMT+1).

Technical analysis

Australian Dollar - Dollar Analysis Technical analysis 01/10/2024
Time Frame: 1 hour

AUDUSD Support & Resistance Table - 01/10/2024

Support & Resistance Level Explanation
Resistance 2 0.6983 Daily R2
Resistance 1 0.6960 Daily R1
Support 1 0.6899 Daily S1
Support 2 0.6876 Daily S2

AUDUSD Indicator Table - 01/10/2024

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 - 01/10/2024

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

AUDUSD 01/10/2024 - Reference Price : 0.6929

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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