CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% 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. 67.52% 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 01/06/2022

Fundamental analysis

01 June, 2022

The Australian dollar fell on Wednesday. The pair is trading 0.7170. Australia reported Building Approvals Month-on-Month for April at -2.4%. Quarterly Company Gross Operating Profits printed 10.2%. The United States reported CB Consumer Confidence for May at 106.4 vs 103.9 expected. The Chicago PMI for May printed 60.3. The consensus was 55.0.

Technical analysis

Australian Dollar - Dollar Analysis Technical analysis 01/06/2022
Time Frame: 1 hour

AUDUSD Support & Resistance Table - 01/06/2022

Support & Resistance Level Explanation
Resistance 2 0.7210 Daily R2
Resistance 1 0.7191 Daily R1
Support 1 0.7142 Daily S1
Support 2 0.7123 Daily S2

AUDUSD Indicator Table - 01/06/2022

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 - 01/06/2022

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

AUDUSD 01/06/2022 - Reference Price : 0.7168

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