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

EU Session Analysis for CFD Instruments 20/01/2025

Fundamental analysis

20 January, 2025

The Australian Dollar was higher against the US Dollar during Asian trading above 0.6200 levels.
The Australian Dollar halted its two day losing streak, receiving support from rising metals prices, although eyes were firmly fixed on the inauguration stateside. In Australia, there are no data releases today. In the US, there are no data releases today due to the fact that it's a public holiday.

Technical analysis

Australian Dollar - Dollar Analysis Technical analysis 20/01/2025
Time Frame: 1 hour

AUDUSD Support & Resistance Table - 20/01/2025

Support & Resistance Level Explanation
Resistance 2 0.6249 Daily R2
Resistance 1 0.6231 Daily R1
Support 1 0.6183 Daily S1
Support 2 0.6166 Daily S2

AUDUSD Indicator Table - 20/01/2025

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

AUDUSD Indicator / Period Table - 20/01/2025

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

AUDUSD 20/01/2025 - Reference Price : 0.6207

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