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 02/09/2021

Fundamental analysis

02 September, 2021

The Aussie Dollar traded higher on Thursday. It is currently 0.73835. Australia’s Exports and Imports for July were up 5%, Month-over-Month, and up 3%, Month-over-Month, respectively. Australia’s Trade Balance for July printed at A$12.117 billion. The consensus forecast was A$10.200 billion. The United States will report Initial Jobless Claims for the past week and Factory Orders for July later today.

Technical analysis

Australian Dollar - Dollar Analysis Technical analysis 02/09/2021
Time Frame: 1 hour

AUDUSD Support & Resistance Table - 02/09/2021

Support & Resistance Level Explanation
Resistance 2 0.74250 Daily R2
Resistance 1 0.74068 Daily R1
Support 1 0.73584 Daily S1
Support 2 0.73402 Daily S2

AUDUSD Indicator Table - 02/09/2021

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

AUDUSD Indicator / Period Table - 02/09/2021

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

AUDUSD 02/09/2021 - Reference Price : 0.73826

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