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 11/12/2024

Fundamental analysis

11 December, 2024

The Australian Dollar fell slightly against the US Dollar during Asian trading below 0.6400 levels.

The Australian Dollar inched lower after the RBA decided to keep interest rates at their current level of 4.35%, ahead of important US inflation data and the pair is trading at a four month low. In Australia RBA Assistant Governor Jones will speak (22:15 GMT). In the US, CPI Inflation data (2.7% exp) will be released (13:30 GMT).

Technical analysis

Australian Dollar - Dollar Analysis Technical analysis 11/12/2024
Time Frame: 1 hour

AUDUSD Support & Resistance Table - 11/12/2024

Support & Resistance Level Explanation
Resistance 2 0.6421 Daily R2
Resistance 1 0.6399 Daily R1
Support 1 0.6340 Daily S1
Support 2 0.6318 Daily S2

AUDUSD Indicator Table - 11/12/2024

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

AUDUSD Indicator / Period Table - 11/12/2024

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

AUDUSD 11/12/2024 - Reference Price : 0.6370

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