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Australian Dollar - Dollar Analysis

US Session Analysis for CFD Instruments 08/11/2019

Fundamental analysis

08 November, 2019

AUD/USD extended losses on Friday, falling to a session low of 0.68600. The Aussie remained under pressure on Friday after RBA Monetary Policy Statement suggested earlier today that expectations for an outperforming economy in Australia remained low. This in turn, could suggest that the Reserve Bank of Australia could consider further interest rate cuts if current conditions persist. Later in the US, Michigan Consumer Sentiment for November will be released at 15:00 GMT.

Technical analysis

Australian Dollar - Dollar Analysis Technical analysis 08/11/2019
Time Frame: 1 hour

AUDUSD Support & Resistance Table - 08/11/2019

Support & Resistance Level Explanation
Resistance 2 0.6900 Daily R2
Resistance 1 0.6885 Daily R1
Support 1 0.6845 Daily S1
Support 2 0.6830 Daily S2

AUDUSD Indicator Table - 08/11/2019

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

AUDUSD Indicator / Period Table - 08/11/2019

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

AUDUSD 08/11/2019 - Reference Price : 0.6863

Simple Moving AverageBuy (0)Sell (3)
Technical Indicators - OscillatorsBuy (1)Sell (2)
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08/11/19 - Friday / Analysis
Australian Dollar - US Dollar Chart
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