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Currency Shares ETFs Technical Analysis - FXAArchive
- 4/17/2025 -
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CurrencyShares Australian Dollar Trust (FXA) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :
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| | It was a second consecutive positive week for the CurrencyShares Australian Dollar Trust (FXA). During the week, the FXA gained 0.96 points, or 1.54%, and closed at 63.29 on Thursday, April 17, 2025. Weekly volume was 200% above average.
 Long-term trend: [See FXA long-term trend chart]
A long-term downtrend had started on February 1, 2023 at 70.66 and reached 58.90 on April 7, 2025. FXA lost 11.76 points, or 16.64%, in 113 weeks. Price is near the Fibonacci 38.2% retracement level. The Fibonacci retracement level is considered a support/resistance level.
 Medium-term trend: [See FXA medium-term trend chart]
A medium-term downtrend had started on September 30, 2024 at 68.78 and reached 58.90 on April 7, 2025. FXA lost 9.88 points, or 14.36%, in 27 weeks. The chart has formed a Symmetric Triangle chart pattern. The downtrend resistance line (62.33) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. FXA may retest the broken resistance line. It is considered to be a support line now. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a medium-term trend.
 Weekly Technical Indicators: [See FXA weekly technical indicators chart]
Weekly technical indicators are neutral.
During the last week, weekly MACD line has moved above its signal line. Such crossover is considered a bullish signal. Use the following link to access a MACD help.
 Short-term trend: [See FXA short-term trend chart]
A short-term downtrend had started on February 20, 2025 at 63.43 and reached 58.90 on April 7, 2025. FXA lost 4.53 points, or 7.14%, in 46 days. The chart has formed a Broadening Right-Angled, Descending Wedge chart pattern. The price is near the trend resistance line (63.15). The resistance is usually stronger when technical indicators are overbought. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend resistance line in a short-term trend.
 Daily Technical Indicators: [See FXA daily technical indicators chart]
Daily Williams' Percentage Range and Lane's Stochastic are strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought daily overbought Williams' Percentage Range and Lane's Stochastic. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic and Williams' Percentage Range help.
During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.
The distance between the Bollinger Bands is 101.83% higher then one year average. It indicates the period of high volatility of the stock price. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
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| Daily Oscillators |
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| Weekly Oscillators |
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| Trading
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| Sector and
Industry |
| Description |
Name |
Rank |
| Sector |
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| Industry |
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| Daily Trend |
| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| High |
63.31 |
| High Date |
03/17/2025 |
| Low |
58.90 |
| Low Date |
04/07/2025 |
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| Weekly Trend |
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| Description |
Value |
| Direction |
Down |
| Chart Pattern |
Broadening Right-Angled, Descending Wedge |
| Status |
Test Resistance |
| Resistance |
63.15 |
| Support |
58.07 |
| High |
63.43 |
| High Date |
02/20/2025 |
| Low |
58.90 |
| Low Date |
04/07/2025 |
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| Description |
Value |
| Direction |
Down |
| Chart Pattern |
Symmetric Triangle |
| Status |
Broken Resistance |
| Resistance |
61.81 |
| Support |
62.33 |
| High |
68.78 |
| High Date |
09/30/2024 |
| Low |
58.90 |
| Low Date |
04/07/2025 |
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| Quarterly Trend |
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| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| Status |
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| Resistance |
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| Support |
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| High |
70.66 |
| High Date |
02/01/2023 |
| Low |
58.90 |
| Low Date |
04/07/2025 |
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| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| Status |
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| Resistance |
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| Support |
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| High |
110.99 |
| High Date |
07/27/2011 |
| Low |
57.50 |
| Low Date |
03/18/2020 |
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