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 05/12/2024

Fundamental analysis

05 December, 2024

The Australian Dollar rose against the US Dollar during European trading and trading at levels below 0.6400.
The Australian Dollar is being supported by better than expected trade balance data. In Australia better than expected October Trade Balance data (5.95 bln vs 4.53 bln exp) was posted this morning. In the United States, Initial Jobless Claims (215k exp) will be released (13:30 GMT).

Technical analysis

Australian Dollar - Dollar Analysis Technical analysis 05/12/2024
Time Frame: 1 hour

AUDUSD Support & Resistance Table - 05/12/2024

Support & Resistance Level Explanation
Resistance 2 0.6471 Daily R2
Resistance 1 0.6455 Daily R1
Support 1 0.6411 Daily S1
Support 2 0.6395 Daily S2

AUDUSD Indicator Table - 05/12/2024

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

AUDUSD Indicator / Period Table - 05/12/2024

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

AUDUSD 05/12/2024 - Reference Price : 0.6435

Sell
Simple Moving AverageBuy (0)Sell (3)
Technical Indicators - OscillatorsBuy (0)Sell (2)
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Australian Dollar - US Dollar Chart
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