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 03/02/2025

Fundamental analysis

03 February, 2025

The Australian Dollar traded higher against the US Dollar during Asian trading above 0.6130 levels.

The Australian Dollar is moving in an upward momentum this morning, after Donald Trump’s tariff declaration over the weekend, which started a trade war and therefore impacted the American dollar. In Australia, no major data releases will be posted today. In the US, Manufacturing PMI figures for January (50.1 exp) will be posted (14:45 GMT).

Technical analysis

Australian Dollar - Dollar Analysis Technical analysis 03/02/2025
Time Frame: 1 hour

AUDUSD Support & Resistance Table - 03/02/2025

Support & Resistance Level Explanation
Resistance 2 0.6170 Daily R2
Resistance 1 0.6156 Daily R1
Support 1 0.6118 Daily S1
Support 2 0.6103 Daily S2

AUDUSD Indicator Table - 03/02/2025

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 - 03/02/2025

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

AUDUSD 03/02/2025 - Reference Price : 0.6137

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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