CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 81% 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.

Australian Dollar - Dollar Analysis

US Session Analysis for CFD Instruments 02/12/2019

Fundamental analysis

02 December, 2019

AUD/USD rose on Monday to test its highest rate in four days (0.67880), as the Aussie managing to find support with China’s Manufacturing data. In fact, Caixin Manufacturing PMI data came in earlier in Asia at 51.8, beating analysts’ expectations for a figure of 51.4. The Aussie’s upside potential, however, came limited as Australia’s Building Approvals fell 8.1% in October. Analysts had expected an increase of 0.4%. Later in the US, ISM Manufacturing PMI for November will be released at 15:00 GMT.

Technical analysis

Australian Dollar - Dollar Analysis Technical analysis 02/12/2019
Time Frame: 1 hour

AUDUSD Support & Resistance Table - 02/12/2019

Support & Resistance Level Explanation
Resistance 2 0.6835 Daily R2
Resistance 1 0.6810 Daily R1
Support 1 0.6760 Daily S1
Support 2 0.6735 Daily S2

AUDUSD Indicator Table - 02/12/2019

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 - 02/12/2019

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

AUDUSD 02/12/2019 - Reference Price : 0.6784

Simple Moving AverageBuy (3)Sell (0)
Technical Indicators - OscillatorsBuy (2)Sell (1)
Share It With Your Network
Fortrade Daily Video News & Analysis
02/12/19 - Monday
Keep your information fresh, follow the daily analysis and news.
Growth your knowledge and invesments!
02/12/19 - Monday / Analysis
Australian Dollar - US Dollar Chart
Update Time: -
1M 5M H D W
Prices are loading..
Ready for trading?Start Now