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. 70.41% 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 05/11/2024

Fundamental analysis

05 November, 2024

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

The Australian Dollar rose following the Reserve Bank of Australia’s decision to freeze interest rates this month. In Australia, the RBA Interest Rate decision for November was to keep rates at 4.35%. In the United States, the Presidential Election will be held today. Major US data releases today include Global Services PMI (55.3 expected) for October (14:45 GMT) and ISM Non Manufacturing PMI (53.7 exp) for October (15:00 GMT).

Technical analysis

Australian Dollar - Dollar Analysis Technical analysis 05/11/2024
Time Frame: 1 hour

AUDUSD Support & Resistance Table - 05/11/2024

Support & Resistance Level Explanation
Resistance 2 0.6627 Daily R2
Resistance 1 0.6614 Daily R1
Support 1 0.6578 Daily S1
Support 2 0.6565 Daily S2

AUDUSD Indicator Table - 05/11/2024

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

AUDUSD Indicator / Period Table - 05/11/2024

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

AUDUSD 05/11/2024 - Reference Price : 0.6596

Buy
Simple Moving AverageBuy (2)Sell (1)
Technical Indicators - OscillatorsBuy (2)Sell (0)
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