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 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

EU Session Analysis for CFD Instruments 28/01/2025

Fundamental analysis

28 January, 2025

The Australian Dollar decreased against the US Dollar during Asian trading below 0.6300 levels.
The Australian Dollar fell for a second day on worries that the US may decide to impose 10% tariffs on Australia’s major trading partner, China on February 1st. In Australia, NAB Business Confidence for December (-3 last month) will be released today (00:30 GMT). In the US, Core Durable Goods Orders for December (0.1% expected) will be posted (13:30 GMT) and CB Consumer Confidence for January (105.9 exp) will be posted (15:00 GMT).

Technical analysis

Australian Dollar - Dollar Analysis Technical analysis 28/01/2025
Time Frame: 1 hour

AUDUSD Support & Resistance Table - 28/01/2025

Support & Resistance Level Explanation
Resistance 2 0.6288 Daily R2
Resistance 1 0.6272 Daily R1
Support 1 0.6228 Daily S1
Support 2 0.6212 Daily S2

AUDUSD Indicator Table - 28/01/2025

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

AUDUSD Indicator / Period Table - 28/01/2025

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

AUDUSD 28/01/2025 - Reference Price : 0.6250

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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