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 13/12/2024

Fundamental analysis

13 December, 2024

The Australian Dollar decreased against the US Dollar during Asian trading below 0.6400 levels.

The Australian Dollar has seen a fall in the last couple of days after speculations arose that the Reserve Bank of Australia might lower interest rates despite the fact that inflation is still not within the RBA’s target rate. In Australia, Thomson Reuters IPSOS index was published showing data which was better than the previous month (49.24 vs 48.95 for the previous month). In the US, Export and Import price indices data will be released (13:30 GMT).

Technical analysis

Australian Dollar - Dollar Analysis Technical analysis 13/12/2024
Time Frame: 1 hour

AUDUSD Support & Resistance Table - 13/12/2024

Support & Resistance Level Explanation
Resistance 2 0.6404 Daily R2
Resistance 1 0.6382 Daily R1
Support 1 0.6324 Daily S1
Support 2 0.6302 Daily S2

AUDUSD Indicator Table - 13/12/2024

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 - 13/12/2024

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

AUDUSD 13/12/2024 - Reference Price : 0.6353

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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