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 06/05/2025

Fundamental analysis

06 May, 2025

The Australian Dollar fell against the US Dollar during European trading below 0.6400 levels.
The AUD/USD currency pair retreated as it reached its highest level since December 2024 yesterday 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, Building Approvals for March (-1.7% exp) were posted with data being higher than expected (9.90% realised vs 9.10% expected). In the US, Imports (401.10 bln exp) and Exports (278.5 bln exp) for March will be released (13:30 GMT+1).

Technical analysis

Australian Dollar - Dollar Analysis Technical analysis 06/05/2025
Time Frame: 1 hour

AUDUSD Support & Resistance Table - 06/05/2025

Support & Resistance Level Explanation
Resistance 2 0.6493 Daily R2
Resistance 1 0.6473 Daily R1
Support 1 0.6417 Daily S1
Support 2 0.6397 Daily S2

AUDUSD Indicator Table - 06/05/2025

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

AUDUSD Indicator / Period Table - 06/05/2025

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

AUDUSD 06/05/2025 - Reference Price : 0.6446

Buy
Simple Moving AverageBuy (3)Sell (0)
Technical Indicators - OscillatorsBuy (1)Sell (2)
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Australian Dollar - US Dollar Chart
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