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 06/05/2025

Fundamental analysis

06 May, 2025

The Australian Dollar inched lower against the US Dollar during Asian trading below 0.6500 levels.
The AUD/USD currency pair pulled back after hitting its highest level since December 2024 yesterday after Chinese services data came in under expectations. China is a major trading partner of Australia. In Australia, Building Approvals for March (-1.7% exp) will be posted (02:30 GMT+1). In the US, Imports (401.10 bln exp) and Exports (278.5 bln exp) for March will be released (13:30 GMT+1).

Technical analysis

Australian Dollar - Dollar Analysis Technical analysis 06/05/2025
Time Frame: 1 hour

AUDUSD Support & Resistance Table - 06/05/2025

Support & Resistance Level Explanation
Resistance 2 0.6498 Daily R2
Resistance 1 0.6477 Daily R1
Support 1 0.6422 Daily S1
Support 2 0.6401 Daily S2

AUDUSD Indicator Table - 06/05/2025

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

AUDUSD Indicator / Period Table - 06/05/2025

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

AUDUSD 06/05/2025 - Reference Price : 0.6450

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