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 05/05/2025

Fundamental analysis

05 May, 2025

The Australian Dollar jumped against the US Dollar during European trading above 0.6400 levels.
The AUD/USD currency pair surged to its highest level since December 2024 in the European session after the re-election of the Labour party’s Prime Minister Albanese, whose party secured a second term with significant gains on Saturday. In Australia, Judo Bank Services PMI for April this morning were 51.0 vs 51.4 exp. In the US, S&P Global Services PMI for April (51.2 expected) will be released (14:45 GMT+1) and ISM Non-Manufacturing PMI for April (50.8 exp) will be posted (15:00 GMT+1).

Technical analysis

Australian Dollar - Dollar Analysis Technical analysis 05/05/2025
Time Frame: 1 hour

AUDUSD Support & Resistance Table - 05/05/2025

Support & Resistance Level Explanation
Resistance 2 0.6537 Daily R2
Resistance 1 0.6516 Daily R1
Support 1 0.6460 Daily S1
Support 2 0.6439 Daily S2

AUDUSD Indicator Table - 05/05/2025

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 - 05/05/2025

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

AUDUSD 05/05/2025 - Reference Price : 0.6488

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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