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

EU Session Analysis for CFD Instruments 03/01/2025

Fundamental analysis

03 January, 2025

The Australian Dollar increased against the US Dollar during Asian trading above 0.6220 levels.

The Australian Dollar continued its broad recovery seen so far in 2025 mainly due to stronger commodity prices, but also following reports that the People’s Bank of China may cut interest rates this year: China is Australia’s most important trading partner. In Australia, no data releases will be posted today. In the US, ISM Manufacturing PMI for December (48.3 exp) and ISM Manufacturing Prices for December (52.0 exp) will be released (13:30 GMT).

Technical analysis

Australian Dollar - Dollar Analysis Technical analysis 03/01/2025
Time Frame: 1 hour

AUDUSD Support & Resistance Table - 03/01/2025

Support & Resistance Level Explanation
Resistance 2 0.6239 Daily R2
Resistance 1 0.6230 Daily R1
Support 1 0.6205 Daily S1
Support 2 0.6195 Daily S2

AUDUSD Indicator Table - 03/01/2025

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 - 03/01/2025

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

AUDUSD 03/01/2025 - Reference Price : 0.6217

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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