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. 70.41% 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

EU Session Analysis for CFD Instruments 06/03/2025

Fundamental analysis

06 March, 2025

The Australian Dollar was slightly higher against the US Dollar during Asian trading above 0.6300 levels.

The AUD/USD currency pair continued with its recent positive bias for the fourth day amid improved risk sentiment and a softer dollar. In Australia, Trade Balance figures for January (5.850 bln exp) will be posted (00:30 GMT). In the US, Initial Jobless Claims (234,000 exp) will be posted (13:30 GMT).

Technical analysis

Australian Dollar - Dollar Analysis Technical analysis 06/03/2025
Time Frame: 1 hour

AUDUSD Support & Resistance Table - 06/03/2025

Support & Resistance Level Explanation
Resistance 2 0.6392 Daily R2
Resistance 1 0.6369 Daily R1
Support 1 0.6309 Daily S1
Support 2 0.6286 Daily S2

AUDUSD Indicator Table - 06/03/2025

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 - 06/03/2025

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

AUDUSD 06/03/2025 - Reference Price : 0.6339

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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