AUD USD Technical Analysis | AUD USD Trading: 2025-03-05 | IFCM Canada
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AUD USD Technical Analysis - AUD USD Trading: 2025-03-05

AUD/USD Technical Analysis Summary

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Strong SellSellNeutralBuyStrong Buy

Above 0.62783

Buy Stop

Below 0.61919

Stop Loss

Ara Zohrabian
Ara Zohrabian
Senior Analytical Expert
Articles2674
IndicatorSignal
RSI Neutral
MACD Buy
Donchian Channel Neutral
MA(200) Sell
Fractals Buy
Parabolic SAR Buy

AUD/USD Chart Analysis

AUD/USD Chart Analysis

AUD/USD Technical Analysis

The AUDUSD technical analysis of the price chart on 1-hour timeframe shows AUDUSD: H1 is retracing up to test the 200-period moving average MA(200) after hitting one-month low yesterday. We believe the bullish momentum will continue after the price breaches above the upper bound of the Donchian channel at 0.62783. A level above this can be used as an entry point for placing a pending order to buy. The stop loss can be placed below 0.61919. After placing the order, the stop loss is to be moved to the next fractal low, following Parabolic indicator signals. Thus, we are changing the expected profit/loss ratio to the breakeven point. If the price meets the stop loss level without reaching the order, we recommend cancelling the order: the market has undergone internal changes which were not taken into account.

Fundamental Analysis of Forex - AUD/USD

Australian economy growth accelerated in the fourth quarter of 2024. Will the AUDUSD price persist rebounding?

Australian economy growth accelerated in the fourth quarter of 2024. The Australian Bureau of Statistics report indicated Australian gross domestic product (GDP) rose 0.6% over quarter in Q4 after 0.3% growth in Q3 2024. The growth was driven by a rebound in household spending as expenditures on essentials like rent and healthcare continued to rise. Growth of exports of goods and services exceeded increase in imports at 0.7% versus 0.1%, contributing 0.2 percentage points to GDP growth. Private investment also rose, supported by investment in new engineering, electricity infrastructure, and mining. Accelerated expansion of Australian economy is bullish for Australian dollar and AUDUSD currency pair.

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Note:
This overview has an informative and tutorial character and is published for free. All the data, included in the overview, are received from public sources, recognized as more or less reliable. Moreover, there is no guarantee that the indicated information is full and precise. Overviews are not updated. The whole information in each overview, including opinion, indicators, charts and anything else, is provided only for familiarization purposes and is not financial advice or а recommendation. The whole text and its any part, as well as the charts cannot be considered as an offer to make a deal with any asset. IFC Markets and its employees under any circumstances are not liable for any action taken by someone else during or after reading the overview.

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