During Asian trading, the Australian dollar weakened against the US dollar. The roaring Aussie has slowed down, and the Reserve Bank of Australia will hold a regular meeting on Tuesday. Their big neighbor, New Zealand, is struggling with the "fourth wave" of the pandemic, and bad prospects there are causing anxiety about the health situation in Australia, which is not good anyway. At around 08:30, the Australian dollar is exchanged for 0,7420 Canadian dollars, which represents a weakening of the Aussie by 0,15%.
Australian Dollar - Dollar Analysis
EU Session Analysis for CFD Instruments 06/09/2021
Technical analysis
Time Frame: 1 hour
AUDUSD Support & Resistance Table - 06/09/2021
Support & Resistance | Level | Explanation |
Resistance 2 | 0.7474 | Daily R2 |
Resistance 1 | 0.7456 | Daily R1 |
Support 1 | 0.7408 | Daily S1 |
Support 2 | 0.7390 | Daily S2 |
AUDUSD Indicator Table - 06/09/2021
Indicator | Signal |
SMA 20 | Buy |
SMA 50 | Buy |
SMA 100 | Buy |
MACD( 12;26;9) | Buy |
RSI (14) | Sell |
Stochastic ( 9;6;3) | Sell |
AUDUSD Indicator / Period Table - 06/09/2021
Indicator / Period | Day - Buy | Week - Sell | Month - Buy |
MACD( 12;26;9) | Buy | Sell | Buy |
RSI (14) | Sell | Neutral | Neutral |
SMA 20 | Buy | Sell | Buy |
AUDUSD 06/09/2021 - Reference Price : 0.7433
Buy |
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