CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% 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. 70.41% 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 24/07/2025

Fundamental analysis

24 July, 2025

The Australian Dollar increased against the US Dollar during European trading above 0.6600 levels.
The AUD/USD currency pair has traded upward in the European session, as US - China trade talks were announced for next week, which means Australia’s biggest trading partner - China will probably have increased economic growth and greater trade with Australia. In Australia, Manufacturing PMI for July was released with data being higher for this month than the month before (51.6 this month vs 50.6 for the previous one). In the US, Initial Jobless Claims data (227k exp) will be released (13:30 GMT+1), Manufacturing PMI (52.7 exp) and Services PMI (53.0 exp) data for July will be released (14:45 GMT+1).

Technical analysis

Australian Dollar - Dollar Analysis Technical analysis 24/07/2025
Time Frame: 1 hour

AUDUSD Support & Resistance Table - 24/07/2025

Support & Resistance Level Explanation
Resistance 2 0.6654 Daily R2
Resistance 1 0.6638 Daily R1
Support 1 0.6596 Daily S1
Support 2 0.6580 Daily S2

AUDUSD Indicator Table - 24/07/2025

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

AUDUSD Indicator / Period Table - 24/07/2025

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

AUDUSD 24/07/2025 - Reference Price : 0.6616

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