CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% 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. 75% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

Australian Dollar - Dollar Analysis

US Session Analysis for CFD Instruments 02/01/2025

Fundamental analysis

02 January, 2025

The Australian Dollar increased against the US Dollar during European trading above 0.6220 levels.

The Australian Dollar rebounded despite slightly weaker-than-expected manufacturing data from China, Australia's key trading partner. No economic data is scheduled for release in Australia today. In the United States, initial jobless claims are set to be released at 13:30 GMT, followed by the December Manufacturing PMI at 14:45 GMT.

Technical analysis

Australian Dollar - Dollar Analysis Technical analysis 02/01/2025
Time Frame: 1 hour

AUDUSD Support & Resistance Table - 02/01/2025

Support & Resistance Level Explanation
Resistance 2 0.6255 Daily R2
Resistance 1 0.6234 Daily R1
Support 1 0.6180 Daily S1
Support 2 0.6159 Daily S2

AUDUSD Indicator Table - 02/01/2025

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

AUDUSD Indicator / Period Table - 02/01/2025

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

AUDUSD 02/01/2025 - Reference Price : 0.6212

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