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 11/11/2024

Fundamental analysis

11 November, 2024

The Australian Dollar declined against the US Dollar during Asian trading below 0.6600 levels.

The Australian Dollar was pressured lower on Friday reaching levels as low as 0.6550 on concerns that potential tariffs from the incoming Trump administration would negatively impact the country. In Australia, the Westpac Consumer Sentiment will be published today (23:30 GMT). In the United States, no new economic data will be published today.

Technical analysis

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

AUDUSD Support & Resistance Table - 11/11/2024

Support & Resistance Level Explanation
Resistance 2 0.6659 Daily R2
Resistance 1 0.6630 Daily R1
Support 1 0.6553 Daily S1
Support 2 0.6525 Daily S2

AUDUSD Indicator Table - 11/11/2024

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

AUDUSD Indicator / Period Table - 11/11/2024

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

AUDUSD 11/11/2024 - Reference Price : 0.6592

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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