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

EU Session Analysis for CFD Instruments 01/06/2021

Fundamental analysis

01 June, 2021

The Aussie Dollar currency pair rose to around 0.7763 levels during the Asian session. The Aussie Dollar made a slow and steady rally on Monday. Australia’s Private Sector Credit for April rose 0.2%, Month-over-Month. There was no economic data out of the United States on Monday since it was a national holiday.

Technical analysis

Australian Dollar - Dollar Analysis Technical analysis 01/06/2021
Time Frame: 1 hour

AUDUSD Support & Resistance Table - 01/06/2021

Support & Resistance Level Explanation
Resistance 2 0.77762 Daily R2
Resistance 1 0.77607 Daily R1
Support 1 0.77193 Daily S1
Support 2 0.77038 Daily S2

AUDUSD Indicator Table - 01/06/2021

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

AUDUSD Indicator / Period Table - 01/06/2021

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

AUDUSD 01/06/2021 - Reference Price : 0.77400

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