CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% 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 06/01/2025

Fundamental analysis

06 January, 2025

The Australian Dollar decreased against the US Dollar during European trading below 0.6240 levels.

The AUD/USD currency pair is trading downward in European trading after it had extended gains for the third successive session on Monday after Chinese Services PMI data came in higher than expected; China is Australia’s most important trading partner. In Australia, no data releases will be posted today. In the US, S&P Global Services PMI for December (58.5 exp) will be released (14:45 GMT).

Technical analysis

Australian Dollar - Dollar Analysis Technical analysis 06/01/2025
Time Frame: 1 hour

AUDUSD Support & Resistance Table - 06/01/2025

Support & Resistance Level Explanation
Resistance 2 0.6284 Daily R2
Resistance 1 0.6275 Daily R1
Support 1 0.6249 Daily S1
Support 2 0.6240 Daily S2

AUDUSD Indicator Table - 06/01/2025

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

AUDUSD Indicator / Period Table - 06/01/2025

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

AUDUSD 06/01/2025 - Reference Price : 0.6264

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