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 02/04/2025

Fundamental analysis

02 April, 2025

The Australian Dollar was higher against the US Dollar during Asian trading above 0.6200 levels.

The AUD/USD currency pair rose with the Aussie continuing to receive some support from comments made by RBA officials suggesting cuts in rates are less likely. In Australia, Judo Bank Services PMI for March (51.2 exp) will be posted (23:00 GMT+1). In the US, ADP for March (118k exp) will be posted (13:15 GMT+1) and President Trump will speak (on reciprocal tariffs etc) at (20:00 GMT+1).

Technical analysis

Australian Dollar - Dollar Analysis Technical analysis 02/04/2025
Time Frame: 1 hour

AUDUSD Support & Resistance Table - 02/04/2025

Support & Resistance Level Explanation
Resistance 2 0.6329 Daily R2
Resistance 1 0.6314 Daily R1
Support 1 0.6272 Daily S1
Support 2 0.6257 Daily S2

AUDUSD Indicator Table - 02/04/2025

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

AUDUSD Indicator / Period Table - 02/04/2025

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

AUDUSD 02/04/2025 - Reference Price : 0.6293

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