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. 70.41% 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 03/09/2021

Fundamental analysis

03 September, 2021

The Aussie Dollar rallied on Friday. It is 0.74310 at midday in Europe. Australia’s Services PMI for AUgust came in at 42.9. Australia’s Retail Sales for August fell 2.7%, Month-over-Month, as expected. The United States will report Nonfarm Payroll Change for August, its August Unemployment Rate, and its ISM Services PMI for August later today.

Technical analysis

Australian Dollar - Dollar Analysis Technical analysis 03/09/2021
Time Frame: 1 hour

AUDUSD Support & Resistance Table - 03/09/2021

Support & Resistance Level Explanation
Resistance 2 0.7474 Daily R2
Resistance 1 0.7455 Daily R1
Support 1 0.7405 Daily S1
Support 2 0.7386 Daily S2

AUDUSD Indicator Table - 03/09/2021

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 - 03/09/2021

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

AUDUSD 03/09/2021 - Reference Price : 0.7432

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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