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Australian Dollar - Dollar Analysis

US Session Analysis for CFD Instruments 11/07/2019

Fundamental analysis

11 July, 2019

AUD/USD rose further on Thursday, testing a fresh session high of 0.69843. The Aussie continued to rise on a weaker US dollar after Fed Chair Jerome Powell signaled yesterday that the US Fed could cut the benchmark interest rate in late July. Earlier in Asia, Home Loans data for May in Australia came in better than expected (0.0% vs. -0.6% exp.). Later in the US, fresh monthly inflation data for June will be released at 13:30 GMT+1, while Fed Chair Jerome Powell will speak before the US congress for a second day (15:00 GMT+1).

Technical analysis

Australian Dollar - Dollar Analysis Technical analysis 11/07/2019
Time Frame: 1 hour

AUDUSD Support & Resistance Table - 11/07/2019

Support & Resistance Level Explanation
Resistance 2 0.7010 Daily R2
Resistance 1 0.6995 Daily R1
Support 1 0.6965 Daily S1
Support 2 0.6950 Daily S2

AUDUSD Indicator Table - 11/07/2019

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

AUDUSD Indicator / Period Table - 11/07/2019

Indicator / Period Day - BuyWeek - SellMonth - Sell
MACD( 12;26;9) Buy SellSell
RSI (14) Buy NeutralSell
SMA 20 Buy SellSell

AUDUSD 11/07/2019 - Reference Price : 0.6980

Buy
Simple Moving AverageBuy (3)Sell (0)
Technical Indicators - OscillatorsBuy (2)Sell (1)
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11/07/19 - Thursday / Analysis
Australian Dollar - US Dollar Chart
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