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 16/05/2025

Fundamental analysis

16 May, 2025

The Australian Dollar pushed higher against the US Dollar during Asian trading above 0.6400 levels.
The AUD/USD currency pair appeared to be set to avoid a third day of losses as the easing of global trade tensions provides some benefit to Australia on hopes that its two major trading partners, China and the US, will be able to work towards a trade deal. In Australia, no major data is set for release today. In the US, Building Permits for April (1.45.0 mln exp) will be posted (13:30 GMT+1).

Technical analysis

Australian Dollar - Dollar Analysis Technical analysis 16/05/2025
Time Frame: 1 hour

AUDUSD Support & Resistance Table - 16/05/2025

Support & Resistance Level Explanation
Resistance 2 0.6492 Daily R2
Resistance 1 0.6466 Daily R1
Support 1 0.6397 Daily S1
Support 2 0.6371 Daily S2

AUDUSD Indicator Table - 16/05/2025

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

AUDUSD Indicator / Period Table - 16/05/2025

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

AUDUSD 16/05/2025 - Reference Price : 0.6432

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