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. 73.43% 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 17/01/2025

Fundamental analysis

17 January, 2025

The Australian Dollar fell against the US Dollar during European trading below 0.6210 levels.

The Australian Dollar lost ground earlier today but it is making its recovery in the European session, following better than expected GDP data from China, the country’s most important trading partner. In Australia, there are no data releases today. In the US, Housing Starts data for December (-1.8% last month) and Industrial Production data for December (0.3% expected) will be released at 13:30 GMT and 14:15 GMT respectively.

Technical analysis

Australian Dollar - Dollar Analysis Technical analysis 17/01/2025
Time Frame: 1 hour

AUDUSD Support & Resistance Table - 17/01/2025

Support & Resistance Level Explanation
Resistance 2 0.6246 Daily R2
Resistance 1 0.6228 Daily R1
Support 1 0.6180 Daily S1
Support 2 0.6162 Daily S2

AUDUSD Indicator Table - 17/01/2025

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

AUDUSD Indicator / Period Table - 17/01/2025

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

AUDUSD 17/01/2025 - Reference Price : 0.6200

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