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 03/12/2024

Fundamental analysis

03 December, 2024

The Australian Dollar fell against the US Dollar during European trading and trading at levels just below 0.6500.
The Australian Dollar is facing downward pressures following a possible new round of US crackdown on China's semiconductor industry, since China and Australia are major trade partners with one another. In Australia Q3 Current Account data (-10.3 BLN exp) will be posted (00:30 GMT). In the United States, JOLTS Jobs Openings for October (7.49 mln exp) will be released (15:00 GMT).

Technical analysis

Australian Dollar - Dollar Analysis Technical analysis 03/12/2024
Time Frame: 1 hour

AUDUSD Support & Resistance Table - 03/12/2024

Support & Resistance Level Explanation
Resistance 2 0.6522 Daily R2
Resistance 1 0.6506 Daily R1
Support 1 0.6466 Daily S1
Support 2 0.6450 Daily S2

AUDUSD Indicator Table - 03/12/2024

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

AUDUSD Indicator / Period Table - 03/12/2024

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

AUDUSD 03/12/2024 - Reference Price : 0.6486

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