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 04/11/2024

Fundamental analysis

04 November, 2024

The Australian Dollar rose against the US Dollar during Asian trading above 0.6600 levels.

The Australian Dollar pushed higher against a weaker US Dollar in a week that will see both a US Presidential election and a likely rate cut from the US Fed. In Australia, Services PMI data for October (50.6 exp) will be released (22:00 GMT). In the United States, Factory Orders for September (-0.4 expected) will be released (15:00 GMT).

Technical analysis

Australian Dollar - Dollar Analysis Technical analysis 04/11/2024
Time Frame: 1 hour

AUDUSD Support & Resistance Table - 04/11/2024

Support & Resistance Level Explanation
Resistance 2 0.6636 Daily R2
Resistance 1 0.6623 Daily R1
Support 1 0.6589 Daily S1
Support 2 0.6576 Daily S2

AUDUSD Indicator Table - 04/11/2024

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

AUDUSD Indicator / Period Table - 04/11/2024

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

AUDUSD 04/11/2024 - Reference Price : 0.6606

Buy
Simple Moving AverageBuy (2)Sell (1)
Technical Indicators - OscillatorsBuy (2)Sell (1)
Share It With Your Network
Australian Dollar - US Dollar Chart
Update Time: -
Highest
Lowest
1M 5M H D W
Prices are loading..
Ready for trading?Start Now