Australian Dollar Futures Today – 0.62600 still pending

Australian dollar futures (6A), March 2025 contract: Key levels, analysis, and price forecasts for the Australian dollar futures market

Current price: 0.6245

An overview of the market and key dynamics in the future of the Australian Dollar

The Australian dollar futures market, particularly the AUDUSD pair, is showing signs of a continued upward trend. This Aussie dollar strength is driven by bullish momentum, with a potential pullback to critical support levels, offering strategic opportunities for long positions. Traders analyzing Australian dollar futures should pay close attention to the following areas in this price forecast:

Key support levels in Australian Dollar futures

1. 0.62395 – High Development Value Area (VAH) today.

2. 0.62330 – Today's VWAP and the VAH of the previous three days.

   • A very important level because of the excellent support of intraday and historical data. This level is ideal for potential long entries, especially for traders looking to gain in Australian dollar futures.

3. Disable setting options:

   • Tighter stops: Near 0.62250, just below the closing VWAP on December 30. Suitable for short term traders looking for lower risk in their AUDUSD trades.

   • More extensive stops: At 0.62195 or 0.62210 (VAH now and yesterday), giving more room for price change and adopting a long-term view.

Resistance Levels and Price Magnet for Australian Dollar Futures

1. 0.62600 – A strong bullish premium in Australian dollar futures, attracting liquidity and potentially prompting short stops above this level.

2. 0.62860 – An extended, possibly achievable target on a bullish continuation trend in the AUDUSD market.

3. 0.63160 – POC December 18th, a longer bullish target that may not be reached today but is still in play for the week.

Bearish Scenario in Australian Dollars in the future

Trading Tips for Australian Dollar Futures

1. Bullish Position:

   • Consider a far-near situation 0.62330 or 0.62395 with tight or medium stops, depending on your risk appetite.

   • Target against strong at 0.62600by extension 0.62860 and 0.63160. These levels offer high potential in Australian dollar income trading.

2. Bearish Position:

Final Thoughts on the Future of the Australian Dollar

The Australian dollar futures market is showing clear levels of interest for both bulls and bears. While the bullish bias currently dominates, a pullback to key support levels may offer attractive entry points in AUDUSD. Use the price levels described as guides and crossroads to anticipate strong price reactions. This analysis of Australian dollar futures emphasizes the importance of managing risk and conducting thorough research in your price prediction strategies. Whether trading AUDUSD short-term or long-term, these levels provide valuable insights for market participants. A visit ForexLive.com for additional views.