CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% 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. 67.52% 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 01/11/2023

Fundamental analysis

01 November, 2023

During European trading, the Australian Dollar steadied against the US Dollar trading at 0.63355. Australia reported Building Approvals Month-on-Month for September at -4.6% vs 1.3% expected. The United States will be reporting JOLTs Job Openings for September later today. The ISM Manufacturing PMI for October will also be reported. The Federal Reserve will also make an Interest Rate decision later today.

Technical analysis

Australian Dollar - Dollar Analysis Technical analysis 01/11/2023
Time Frame: 1 hour

AUDUSD Support & Resistance Table - 01/11/2023

Support & Resistance Level Explanation
Resistance 2 0.63868 Daily R2
Resistance 1 0.63671 Daily R1
Support 1 0.63143 Daily S1
Support 2 0.62946 Daily S2

AUDUSD Indicator Table - 01/11/2023

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

AUDUSD Indicator / Period Table - 01/11/2023

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

AUDUSD 01/11/2023 - Reference Price : 0.63407

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