CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% 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. 70.91% 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 all your money. Read full risk warning.

Australian Dollar - Dollar Analysis

US Session Analysis for CFD Instruments 02/11/2021

Fundamental analysis

02 November, 2021

The Aussie Dollar tumbled on Tuesday. It is currently 0.74619. The Reserve Bank of Australia left interest rates unchanged at 0.10%, as expected. The RBA announced it would no longer exercise yield curve control and let rates float freely. This caused short term Australian rates to rose and pushed its currency lower. The United States’ economic calendar is empty.

Technical analysis

Australian Dollar - Dollar Analysis Technical analysis 02/11/2021
Time Frame: 1 hour

AUDUSD Support & Resistance Table - 02/11/2021

Support & Resistance Level Explanation
Resistance 2 0.74949 Daily R2
Resistance 1 0.74789 Daily R1
Support 1 0.74365 Daily S1
Support 2 0.74205 Daily S2

AUDUSD Indicator Table - 02/11/2021

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

AUDUSD Indicator / Period Table - 02/11/2021

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

AUDUSD 02/11/2021 - Reference Price : 0.74577

Sell
Simple Moving AverageBuy (1)Sell (2)
Technical Indicators - OscillatorsBuy (0)Sell (2)
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Australian Dollar - US Dollar Chart
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