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 18/12/2024

Fundamental analysis

18 December, 2024

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

The Australian Dollar pulled back and recorded a more than one year low on increased expectations that the Reserve Bank of Australia will actively cut interest rates next year to spur economic growth. In Australia, MI Leading Index data for November will be posted (00:00). In the US, the Fed Interest Rate Decision and Press Conference (4.5% exp) will be released / take place at 19:00 GMT and 19:30 respectively.

Technical analysis

Australian Dollar - Dollar Analysis Technical analysis 18/12/2024
Time Frame: 1 hour

AUDUSD Support & Resistance Table - 18/12/2024

Support & Resistance Level Explanation
Resistance 2 0.6349 Daily R2
Resistance 1 0.6335 Daily R1
Support 1 0.6297 Daily S1
Support 2 0.6283 Daily S2

AUDUSD Indicator Table - 18/12/2024

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 - 18/12/2024

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

AUDUSD 18/12/2024 - Reference Price : 0.6316

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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