CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% 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 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

US Session Analysis for CFD Instruments 07/02/2025

Fundamental analysis

07 February, 2025

The Australian Dollar fell against the US Dollar during European trading below 0.6300 levels.
The Australian Dollar has been losing ground following rising fears of an escalating trade war between the US and China, however the Bank of Australia has forecasted that the pair has neared its downward limit. In Australia, no major data releases will be posted today. In the US, Nonfarm Payrolls (169K exp) and Unemployment rate data (4.1% exp) will be posted today (13:30 GMT).

Technical analysis

Australian Dollar - Dollar Analysis Technical analysis 07/02/2025
Time Frame: 1 hour

AUDUSD Support & Resistance Table - 07/02/2025

Support & Resistance Level Explanation
Resistance 2 0.6337 Daily R2
Resistance 1 0.6313 Daily R1
Support 1 0.6251 Daily S1
Support 2 0.6227 Daily S2

AUDUSD Indicator Table - 07/02/2025

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 - 07/02/2025

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

AUDUSD 07/02/2025 - Reference Price : 0.6281

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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