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

EU Session Analysis for CFD Instruments 01/04/2021

Fundamental analysis

01 April, 2021

The Aussie Dollar was firmly lower, trading around 0.7543 during the Asian session. The Aussie Dollar was roughly unchanged after a choppy and sideways session on Wednesday. Australia’s Building Approvals for February rose 21.6%. In the United States, Pending Home Sales for February fell 10.6%, Month-over-Month. The consensus forecast was a drop of 2.6%. ADP Nonfarm Employment Change for March printed at 517,000 new jobs. Analysts were expecting 550,000.

Technical analysis

Australian Dollar - Dollar Analysis Technical analysis 01/04/2021
Time Frame: 1 hour

AUDUSD Support & Resistance Table - 01/04/2021

Support & Resistance Level Explanation
Resistance 2 0.7579 Daily R2
Resistance 1 0.7562 Daily R1
Support 1 0.7518 Daily S1
Support 2 0.7502 Daily S2

AUDUSD Indicator Table - 01/04/2021

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

AUDUSD Indicator / Period Table - 01/04/2021

Indicator / Period Day - SellWeek - BuyMonth - Buy
MACD( 12;26;9) Sell BuyBuy
RSI (14) Sell BuyBuy
SMA 20 Sell BuyBuy

AUDUSD 01/04/2021 - Reference Price : 0.7531

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