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Australian Dollar - Dollar Analysis

EU Session Analysis for CFD Instruments 08/04/2021

Fundamental analysis

08 April, 2021

The Aussie Dollar currency pair was slightly higher, trading around 0.7632 during the Asian session. The Aussie Dollar moved lower on Wednesday. Australia’s Services PMI printed at 55.5. The United States reported its Trade Balance for February to be -$71.10 billion. Analysts had estimated -$70.50 billion.

Technical analysis

Australian Dollar - Dollar Analysis Technical analysis 08/04/2021
Time Frame: 1 hour

AUDUSD Support & Resistance Table - 08/04/2021

Support & Resistance Level Explanation
Resistance 2 0.7665 Daily R2
Resistance 1 0.7648 Daily R1
Support 1 0.7602 Daily S1
Support 2 0.7584 Daily S2

AUDUSD Indicator Table - 08/04/2021

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

AUDUSD Indicator / Period Table - 08/04/2021

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

AUDUSD 08/04/2021 - Reference Price : 0.7634

Simple Moving AverageBuy (2)Sell (1)
Technical Indicators - OscillatorsBuy (3)Sell (0)
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Australian Dollar - US Dollar Chart
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