CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% 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 29/07/2021

Fundamental analysis

29 July, 2021

The AUD/USD pushed higher on Thursday. It is currently 0.7401. The dollar has been falling against a basket of other currencies after the Fed announced no change to its rate policy or on tapering at its meeting yesterday. The United States will report GDP for Q2 data this afternoon and Initial Jobless Claims data, both at 13:30 GMT+1.

Technical analysis

Australian Dollar - Dollar Analysis Technical analysis 29/07/2021
Time Frame: 1 hour

AUDUSD Support & Resistance Table - 29/07/2021

Support & Resistance Level Explanation
Resistance 2 0.7431 Daily R2
Resistance 1 0.7415 Daily R1
Support 1 0.7373 Daily S1
Support 2 0.7357 Daily S2

AUDUSD Indicator Table - 29/07/2021

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

AUDUSD Indicator / Period Table - 29/07/2021

Indicator / Period Day - BuyWeek - SellMonth - Buy
MACD( 12;26;9) Buy SellBuy
RSI (14) Sell SellNeutral
SMA 20 Buy SellBuy

AUDUSD 29/07/2021 - Reference Price : 0.7389

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