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

EU Session Analysis for CFD Instruments 23/04/2025

Fundamental analysis

23 April, 2025

The Australian Dollar increased against the US Dollar during Asian trading above 0.6300 levels.

The AUD/USD currency recovered ground after mixed data was released in the session, while comments from US Treasury Secretary Bessent suggested that a trade deal with China was possible, supported the Aussie. In Australia Judo Bank Manufacturing PMI data for April (52.1 last month) will be released (00:00 GMT+1). In the US, Global Manufacturing PMI (49.0 exp) and Global Services PMI for April (52.8 exp) will be posted (14:45 GMT+1) and New Homes Sales data for March (682k exp) will be released (15:00 GMT+1).

Technical analysis

Australian Dollar - Dollar Analysis Technical analysis 23/04/2025
Time Frame: 1 hour

AUDUSD Support & Resistance Table - 23/04/2025

Support & Resistance Level Explanation
Resistance 2 0.6435 Daily R2
Resistance 1 0.6417 Daily R1
Support 1 0.6370 Daily S1
Support 2 0.6352 Daily S2

AUDUSD Indicator Table - 23/04/2025

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

AUDUSD Indicator / Period Table - 23/04/2025

Indicator / Period Day - BuyWeek - BuyMonth - Buy
MACD( 12;26;9) Buy BuySell
RSI (14) Buy BuyBuy
SMA 20 Buy BuyBuy

AUDUSD 23/04/2025 - Reference Price : 0.6394

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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