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 19/11/2024

Fundamental analysis

19 November, 2024

The Australian Dollar climbed slightly against the US Dollar during Asian trading above 0.6500 levels.

The Australian Dollar increased in the Asian session after meeting minutes showed that the RBA board remains cautious about the potential for inflation to rise further. In Australia Meeting Minutes were published at 00:30 GMT. In the United States, Housing Starts (1.340 mln exp) and Building Permits data (1.440 mln exp) for October will be released (13:30 GMT).

Technical analysis

Australian Dollar - Dollar Analysis Technical analysis 19/11/2024
Time Frame: 1 hour

AUDUSD Support & Resistance Table - 19/11/2024

Support & Resistance Level Explanation
Resistance 2 0.6552 Daily R2
Resistance 1 0.6535 Daily R1
Support 1 0.6488 Daily S1
Support 2 0.6471 Daily S2

AUDUSD Indicator Table - 19/11/2024

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

AUDUSD Indicator / Period Table - 19/11/2024

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

AUDUSD 19/11/2024 - Reference Price : 0.6511

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