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 07/08/2024

Fundamental analysis

07 August, 2024

The Australian Dollar increased against the US Dollar during European trading, trading above 0.6500 levels.

There is no major data expected to be released today in Australia. In the United States, there are no major data releases scheduled today.

Technical analysis

Australian Dollar - Dollar Analysis Technical analysis 07/08/2024
Time Frame: 1 hour

AUDUSD Support & Resistance Table - 07/08/2024

Support & Resistance Level Explanation
Resistance 2 0.6633 Daily R2
Resistance 1 0.6606 Daily R1
Support 1 0.6534 Daily S1
Support 2 0.6507 Daily S2

AUDUSD Indicator Table - 07/08/2024

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

AUDUSD Indicator / Period Table - 07/08/2024

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

AUDUSD 07/08/2024 - Reference Price : 0.6568

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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