Menu

Search

  |   Technicals

Menu

  |   Technicals

Search

FxWirePro: Aussie depreciates against major peers as GDP data misses expectations

  • AUD/NZD is currently trading around 1.0404 marks.
     
  • Pair made intraday high at 1.0428 and low at 1.0390 marks.
     
  • Intraday bias remains neutral till the time pair holds key support around 1.0390 mark
    .
  • A sustained close above 1.0447 will drag the parity higher towards key resistances around 1.0488/1.0540/1.0570/1.0590/1.0634 levels respectively.
     
  • Alternatively, a daily close below 1.0390 will take the parity down towards key supports around 1.0368/1.0333/1.0237/1.0192  marks respectively.
     
  • Australia Q4 2018 real GDP qq sa decrease to 0.2 % (forecast 0.3 %) vs previous 0.3 %.
     
  • Australia Q4 2018 real GDP yy sa decrease to 2.3 % (forecast 2.5 %) vs previous 2.8 %.
     
  • Australia's S&P/ASX 200 index up 0.18 pct at 6,210.20 points in early trade.
  • Market Data
Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.