CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% 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. 75% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

Australian Dollar - Dollar Analysis

US Session Analysis for CFD Instruments 02/10/2024

Fundamental analysis

02 October, 2024

The Australian Dollar increased against the US Dollar during European trading just below 0.6900 levels.
The Aussie grew in the European session after hitting an almost one week low yesterday in a reversal of its longer term uptrend. In Australia, Manufacturing Index data came in at -33.6 vs -30.8 last month. In the United States, September’s ADP Nonfarm Employment (124k expected) will be released (13:15 GMT+1).

Technical analysis

Australian Dollar - Dollar Analysis Technical analysis 02/10/2024
Time Frame: 1 hour

AUDUSD Support & Resistance Table - 02/10/2024

Support & Resistance Level Explanation
Resistance 2 0.6915 Daily R2
Resistance 1 0.6929 Daily R1
Support 1 0.6871 Daily S1
Support 2 0.6849 Daily S2

AUDUSD Indicator Table - 02/10/2024

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

AUDUSD Indicator / Period Table - 02/10/2024

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

AUDUSD 02/10/2024 - Reference Price : 0.6899

Buy
Simple Moving AverageBuy (2)Sell (1)
Technical Indicators - OscillatorsBuy (3)Sell (0)
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Australian Dollar - US Dollar Chart
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