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 29/01/2025

Fundamental analysis

29 January, 2025

The Australian Dollar fell against the US Dollar during European trading below 0.6230 levels.

The Australian Dollar has been falling since this morning’s session following lower than expected inflation data which increase the odds of an interest rate cut by the Reserve Bank of Australia. In Australia, Year on Year CPI Inflation data (2.4% realised vs 2.5% expected) was released this morning. In the US, the Fed Interest Rate Decision (unchanged: 4.50% exp) and Press Conference will take place (19:00 and 19:30 GMT respectively).

Technical analysis

Australian Dollar - Dollar Analysis Technical analysis 29/01/2025
Time Frame: 1 hour

AUDUSD Support & Resistance Table - 29/01/2025

Support & Resistance Level Explanation
Resistance 2 0.6258 Daily R2
Resistance 1 0.6244 Daily R1
Support 1 0.6208 Daily S1
Support 2 0.6194 Daily S2

AUDUSD Indicator Table - 29/01/2025

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

AUDUSD Indicator / Period Table - 29/01/2025

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

AUDUSD 29/01/2025 - Reference Price : 0.6228

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