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Australian Dollar - Dollar Analysis

US Session Analysis for CFD Instruments 31/07/2020

Fundamental analysis

31 July, 2020

The AUD/USD inched lower on Friday during the European session after the Aussie Dollar rallied and then collapsed to where it opened by midday in Europe, after Thursday's steady rise. Today’s data out of Australia, like most of the other data this week, shows a country in contraction. Second quarter PPI contracted 0.4%, Year-over-Year, and fell 1.2%, Quarter-over-Quarter. Private Sector Credit for June dropped 0.3%, Month-over-Month.

Technical analysis

Australian Dollar - Dollar Analysis Technical analysis 31/07/2020
Time Frame: 1 hour

AUDUSD Support & Resistance Table - 31/07/2020

Support & Resistance Level Explanation
Resistance 2 0.7232 Daily R2
Resistance 1 0.7213 Daily R1
Support 1 0.7161 Daily S1
Support 2 0.7142 Daily S2

AUDUSD Indicator Table - 31/07/2020

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

AUDUSD Indicator / Period Table - 31/07/2020

Indicator / Period Day - BuyWeek - BuyMonth - Buy
MACD( 12;26;9) Buy BuySell
RSI (14) Sell BuyBuy
SMA 20 Buy BuyBuy

AUDUSD 31/07/2020 - Reference Price : 0.7177

Simple Moving AverageBuy (3)Sell (0)
Technical Indicators - OscillatorsBuy (1)Sell (2)
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Australian Dollar - US Dollar Chart
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