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 03/02/2022

Fundamental analysis

03 February, 2022

The Aussie Dollar slipped marginally lower on Thursday. It is currently 0.7117. Australia’s Building Approvals for December rose 8.2%, Month-over-Month. Analysts were expecting a drop of 1.0%. Australia’s NAB Quarterly Business COnfidence Index printed at 18, up from -2 last month.

Technical analysis

Australian Dollar - Dollar Analysis Technical analysis 03/02/2022
Time Frame: 1 hour

AUDUSD Support & Resistance Table - 03/02/2022

Support & Resistance Level Explanation
Resistance 2 0.7169 Daily R2
Resistance 1 0.7144 Daily R1
Support 1 0.7079 Daily S1
Support 2 0.7054 Daily S2

AUDUSD Indicator Table - 03/02/2022

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

AUDUSD Indicator / Period Table - 03/02/2022

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

AUDUSD 03/02/2022 - Reference Price : 0.7114

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