AUDUSD analysis for 01.12.2023
Time Zone: GMT +2Time Frame: 4 Hours (H4) Fundamental Analysis:The AUDUSD pair, representing the Australian Dollar against the US Dollar, is influenced by a myriad of economic factors. Central bank policies, specifically the Reserve Bank of Australia (RBA) and the Federal Reserve (Fed), significantly impact this currency pair. Commodity prices, especially iron ore and coal, are crucial for the AUD due to Australia's export-driven economy. Meanwhile, the USD is swayed by...