CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% 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. 70.91% 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 all your money. Read full risk warning.

Australian Dollar - Dollar Analysis

EU Session Analysis for CFD Instruments 27/11/2024

Fundamental analysis

27 November, 2024

The Australian Dollar edged upwards against the US Dollar during Asian trading below 0.6500 levels.

The Australian Dollar climbed, attempting to break its three day losing streak amid a recent hawkish outlook from the Reserve Bank of Australia. In Australia Q3 Construction Work Done (0.4% exp) will be published (00:30 GMT). In the United States, Q3 GDP figures (2.8% expected), Durable Goods orders for October (-0.8% exp) and Initial Jobless Claims data (220k exp) will be released (13:30 GMT). US PCE Price Index for October (2.7% last month) will be posted (15:00 GMT).

Technical analysis

Australian Dollar - Dollar Analysis Technical analysis 27/11/2024
Time Frame: 1 hour

AUDUSD Support & Resistance Table - 27/11/2024

Support & Resistance Level Explanation
Resistance 2 0.6517 Daily R2
Resistance 1 0.6499 Daily R1
Support 1 0.6448 Daily S1
Support 2 0.6429 Daily S2

AUDUSD Indicator Table - 27/11/2024

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 - 27/11/2024

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

AUDUSD 27/11/2024 - Reference Price : 0.6473

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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