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 02/06/2025

Fundamental analysis

02 June, 2025

The Australian Dollar advanced against the US Dollar during Asian trading above 0.6400 levels.
The AUD/USD currency pair climbed as the dollar was under pressure after President Trump’s threat to double import tariffs on steel and aluminium caused growing concerns about the US economy. In Australia Manufacturing PMI for May (51.7 exp) will be released (00:00 GMT+1). In the US, ISM Manufacturing data for May (48.7 exp) will be posted (13:30 GMT+1) and Fed Chair Powell will Speak (18:00 GMT+1).

Technical analysis

Australian Dollar - Dollar Analysis Technical analysis 02/06/2025
Time Frame: 1 hour

AUDUSD Support & Resistance Table - 02/06/2025

Support & Resistance Level Explanation
Resistance 2 0.6494 Daily R2
Resistance 1 0.6478 Daily R1
Support 1 0.6437 Daily S1
Support 2 0.6421 Daily S2

AUDUSD Indicator Table - 02/06/2025

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

AUDUSD Indicator / Period Table - 02/06/2025

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

AUDUSD 02/06/2025 - Reference Price : 0.6458

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