Important Information

This website is managed by Ultima Markets’ international entities, and it’s important to emphasise that they are not subject to regulation by the FCA in the UK. Therefore, you must understand that you will not have the FCA’s protection when investing through this website – for example:

  • You will not be guaranteed Negative Balance Protection
  • You will not be protected by FCA’s leverage restrictions
  • You will not have the right to settle disputes via the Financial Ombudsman Service (FOS)
  • You will not be protected by Financial Services Compensation Scheme (FSCS)
  • Any monies deposited will not be afforded the protection required under the FCA Client Assets Sourcebook. The level of protection for your funds will be determined by the regulations of the relevant local regulator.

Note: UK clients are kindly invited to visit https://www.ultima-markets.co.uk/. Ultima Markets UK expects to begin onboarding UK clients in accordance with FCA regulatory requirements in 2026.

If you would like to proceed and visit this website, you acknowledge and confirm the following:

  • 1.The website is owned by Ultima Markets’ international entities and not by Ultima Markets UK Ltd, which is regulated by the FCA.
  • 2.Ultima Markets Limited, or any of the Ultima Markets international entities, are neither based in the UK nor licensed by the FCA.
  • 3.You are accessing the website at your own initiative and have not been solicited by Ultima Markets Limited in any way.
  • 4.Investing through this website does not grant you the protections provided by the FCA.
  • 5.Should you choose to invest through this website or with any of the international Ultima Markets entities, you will be subject to the rules and regulations of the relevant international regulatory authorities, not the FCA.

Ultima Markets wants to make it clear that we are duly licensed and authorised to offer the services and financial derivative products listed on our website. Individuals accessing this website and registering a trading account do so entirely of their own volition and without prior solicitation.

By confirming your decision to proceed with entering the website, you hereby affirm that this decision was solely initiated by you, and no solicitation has been made by any Ultima Markets entity.

I confirm my intention to proceed and enter this website Please direct me to the website operated by Ultima Markets , regulated by the FCA in the United Kingdom
Roll Arrow

Focus on AUD/USD Today – 10th November 2023 


Comprehensive AUD/USD for November 10, 2023

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the AUD/USD for 10th November 2023. 


Key Takeaways 

  • RBA raised interest rates: The Reserve Bank of Australia raised the cash rate by 25 basis points to 4.35% on Tuesday. Since the market had already expected the Reserve Bank of Australia to raise interest rates, the previous appreciation of the Australian dollar had already factored in this information. Subsequently, Bullock hinted that the obstacles to further tightening of policy have increased, causing the Australian dollar to fall. 
  • The RBA is not strong: In fact, the market is pricing in not only an interest rate hike by the RBA in November, but also another interest rate hike in this cycle. But subsequent RBA statements failed to confirm this hawkish stance, instead taking a data-reliant approach to assessing the need for further tightening. 

AUD/USD Technical Analysis 

AUD/USD Daily Chart Insights

AUD/USD Daily Chart Insights by Ultima Markets MT4
  • Stochastic Oscillator: After the indicator issued a short signal, it went all the way down. The short-term trend of the Australian dollar was confirmed to be depreciation. It is worth noting that it is close to the 50 mid-line, so be wary of a rebound or reversal. 
  • Moving average combination: The exchange rate fell below the moving support formed by the 33-day and 65-day moving average combination. After the exchange rate closed below the 33-day moving average yesterday, the probability of the market continuing to decline increased. 
  • Downward trend line: On November 1, the exchange rate broke through the downward trend line, and today it stepped back on the trend line. If there is any stop signal, the exchange rate still has the possibility of reversing upward. 

AUD/USD 4-hour Chart Analysis

AUD/USD 4-hour Chart Analysis by Ultima Markets MT4
  • Stochastic oscillator: The indicator is not currently oversold, and there is a certain bottom divergence pattern in line with the market, suggesting that the current downward space is limited, and may enter an adjustment or even rebound next. 
  • Fibonacci retracement level: Yesterday, the exchange rate fell rapidly to the 61.8% Fibonacci retracement level. Usually, such a rapid decline close to the resistance area has a certain probability of rebound. 

Ultima Markets MT4 Pivot Indicator

Ultima Markets MT4 Pivot Indicator for AUD/USD
  • According to the pivot indicator in Ultima Markets MT4, the central price of the day is established at 0.63814, 
  • Bullish Scenario: Bullish sentiment prevails above 0.63814, first target 0.63991, second target 0.64461; 
  • Bearish Outlook: In a bearish scenario below 0.63814, first target 0.63344, second target 0.63167. 

Conclusion 

Jetzt teilen

  • Article Details
  • Article Details
  • Article Details

Vielen Dank für Ihren Besuch auf der Website von Ultima Markets. Bitte beachten Sie, dass diese Website ausschließlich für Personen bestimmt ist, die in Rechtsordnungen ansässig sind, in denen der Zugang gesetzlich zulässig ist. Ultima und seine verbundenen Unternehmen sind in Ihrer Heimatjurisdiktion nicht tätig.

Durch Klicken auf „Bestätigen“ bestätigen Sie, dass Sie diese Website ausschließlich aus eigener Initiative und nicht infolge einer gezielten Marketingansprache aufrufen. Sie möchten Informationen von dieser Website auf Grundlage des Prinzips der umgekehrten Anfrage (Reverse Solicitation) und gemäß den geltenden Gesetzen Ihrer Heimatjurisdiktion erhalten.