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 12/12/2024

Fundamental analysis

12 December, 2024

The Australian Dollar fell slightly against the US Dollar during Asian trading below 0.6410 levels.

In this morning’s session the AUD rose sharply driven by better than expected employment data before starting to fall once again. In Australia Employment Change data for November was 35.6k vs 26.0k exp and Unemployment Rate data was 3.9% vs 4.2% exp. In the US, Initial Jobless Claims data (221k exp) and PPI Inflation data for November (0.2% exp) will be released (13:30 GMT).

Technical analysis

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

AUDUSD Support & Resistance Table - 12/12/2024

Support & Resistance Level Explanation
Resistance 2 0.6450 Daily R2
Resistance 1 0.6430 Daily R1
Support 1 0.6378 Daily S1
Support 2 0.6358 Daily S2

AUDUSD Indicator Table - 12/12/2024

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

AUDUSD Indicator / Period Table - 12/12/2024

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

AUDUSD 12/12/2024 - Reference Price : 0.6404

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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