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 24/04/2025

Fundamental analysis

24 April, 2025

The Australian Dollar fell against the US Dollar during Asian trading below 0.6400 levels.

The AUD/USD currency continued lower marking its third day of losses as expectations build that the Reserve Bank of Australia will cut interest rates next month. In Australia there are no major data releases today. In the US, Durable Goods Orders for March (2.1% exp) and Initial Jobless Claims (222k exp) will be posted (13:30 GMT+1) and ExistingHomes Sales data for March (4.14 mln exp) will be released (15:00 GMT+1).

Technical analysis

Australian Dollar - Dollar Analysis Technical analysis 24/04/2025
Time Frame: 1 hour

AUDUSD Support & Resistance Table - 24/04/2025

Support & Resistance Level Explanation
Resistance 2 0.6402 Daily R2
Resistance 1 0.6383 Daily R1
Support 1 0.6332 Daily S1
Support 2 0.6313 Daily S2

AUDUSD Indicator Table - 24/04/2025

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 - 24/04/2025

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

AUDUSD 24/04/2025 - Reference Price : 0.6357

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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