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. 70.91% 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 17/04/2025

Fundamental analysis

17 April, 2025

The Australian Dollar rose against the US Dollar during European trading above 0.6360 levels.

The AUD/USD rose in the European session as new labor market data from Australia came out showing better than expected results, diminishing the need for rate cuts by the Reserve Bank of Australia. In Australia Unemployment rate figures for March came in with data being higher than expected (4.1% realised vs 4.2% expected). In the US, Philadelphia Fed Manufacturing Index data for April (2.8% exp) will be released and Initial Jobless Claims (225 k exp) at 13:30 GMT+1.

Technical analysis

Australian Dollar - Dollar Analysis Technical analysis 17/04/2025
Time Frame: 1 hour

AUDUSD Support & Resistance Table - 17/04/2025

Support & Resistance Level Explanation
Resistance 2 0.6416 Daily R2
Resistance 1 0.6390 Daily R1
Support 1 0.6318 Daily S1
Support 2 0.6292 Daily S2

AUDUSD Indicator Table - 17/04/2025

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

AUDUSD Indicator / Period Table - 17/04/2025

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

AUDUSD 17/04/2025 - Reference Price : 0.6353

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