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

EU Session Analysis for CFD Instruments 03/12/2024

Fundamental analysis

03 December, 2024

The Australian Dollar was slightly lower against the US Dollar during Asian trading above 0.6400 levels.
The Australian Dollar continued on the downside as a firm dollar continued to dominate currency markets in the Asian session. In Q3 Australia 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 0.6501 Daily R2
Resistance 1 0.6486 Daily R1
Support 1 0.6445 Daily S1
Support 2 0.6430 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) Sell
Stochastic ( 9;6;3) Sell

AUDUSD Indicator / Period Table - 03/12/2024

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

AUDUSD 03/12/2024 - Reference Price : 0.6466

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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