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 21/11/2024

Fundamental analysis

21 November, 2024

The Australian Dollar increased against the US Dollar during Asian trading above 0.6500 levels.

The Australian Dollar retraced some of its recent losses during the Asian session supported by a hawkish outlook from the Reserve Bank of Australia. In Australia RBA Assistant Governor Bullock Speaks (08:00 GMT). In the United States, Initial Jobless Claims (220k expected) and Philadelphia Fed Manufacturing Index for November (6.3 exp) will be posted (13:30 GMT). US Existing Home Sales for October (3.94mln exp) will be released (15:00 GMT).

Technical analysis

Australian Dollar - Dollar Analysis Technical analysis 21/11/2024
Time Frame: 1 hour

AUDUSD Support & Resistance Table - 21/11/2024

Support & Resistance Level Explanation
Resistance 2 0.6554 Daily R2
Resistance 1 0.6538 Daily R1
Support 1 0.6492 Daily S1
Support 2 0.6476 Daily S2

AUDUSD Indicator Table - 21/11/2024

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

AUDUSD Indicator / Period Table - 21/11/2024

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

AUDUSD 21/11/2024 - Reference Price : 0.6514

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