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 10/12/2024

Fundamental analysis

10 December, 2024

The Australian Dollar rose against the US Dollar during European trading and trading at levels above 0.6400.

After a fall in this morning's session (led by the interest rate decision from the Reserve Bank) the Australian dollar started gaining ground again. In Australia the Reserve Bank of Australia kept rates at 4.35%. In the US, Q3 Nonfarm Productivity (2.2% exp) and Unit Labor Costs (1.9% exp) data will be released (13:30 GMT).

Technical analysis

Australian Dollar - Dollar Analysis Technical analysis 10/12/2024
Time Frame: 1 hour

AUDUSD Support & Resistance Table - 10/12/2024

Support & Resistance Level Explanation
Resistance 2 0.6438 Daily R2
Resistance 1 0.6417 Daily R1
Support 1 0.6363 Daily S1
Support 2 0.6342 Daily S2

AUDUSD Indicator Table - 10/12/2024

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

AUDUSD Indicator / Period Table - 10/12/2024

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

AUDUSD 10/12/2024 - Reference Price : 0.6394

Sell
Simple Moving AverageBuy (0)Sell (3)
Technical Indicators - OscillatorsBuy (1)Sell (2)
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Australian Dollar - US Dollar Chart
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