CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% 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

US Session Analysis for CFD Instruments 08/02/2021

Fundamental analysis

08 February, 2021

The Aussie Dollar traded lower It is currently 0.76757 as the Greenback grew against a basket of other currencies. Although the upbeat market mood drove some flows towards the perceived riskier aussie, a modest pickup in the US dollar demand put pressure on the AUD/USD pair.

Technical analysis

Australian Dollar - Dollar Analysis Technical analysis 08/02/2021
Time Frame: 1 hour

AUDUSD Support & Resistance Table - 08/02/2021

Support & Resistance Level Explanation
Resistance 2 0.7699 Daily R2
Resistance 1 0.7682 Daily R1
Support 1 0.7637 Daily S1
Support 2 0.7620 Daily S2

AUDUSD Indicator Table - 08/02/2021

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

AUDUSD Indicator / Period Table - 08/02/2021

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

AUDUSD 08/02/2021 - Reference Price : 0.7661

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