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

EU Session Analysis for CFD Instruments 04/11/2022

Fundamental analysis

04 November, 2022

The Australian dollar pair moved firmly higher during the asian session. The pair is trading 0.6342. Australia reported its Trade Balance for September at $12.444B vs $8.850B expected. The United States reported ISM Non-Manufacturing PMI for October at 54.4 vs 55.5 expected. Initial Jobless Claims printed 217k vs 220k expected. Nonfarm Payrolls for October are set to print later today. The Unemployment Rate for October is also set to print.

Technical analysis

Australian Dollar - Dollar Analysis Technical analysis 04/11/2022
Time Frame: 1 hour

AUDUSD Support & Resistance Table - 04/11/2022

Support & Resistance Level Explanation
Resistance 2 0.6423 Daily R2
Resistance 1 0.6393 Daily R1
Support 1 0.6313 Daily S1
Support 2 0.6283 Daily S2

AUDUSD Indicator Table - 04/11/2022

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

AUDUSD Indicator / Period Table - 04/11/2022

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

AUDUSD 04/11/2022 - Reference Price : 0.6335

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