Thursday, October 15, 2026

Technicals

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AUD/NZD short covering weighs

NZD weakness comes mostly via AUD/NZD strength as shorts cover 5, 10 and 20 dma's are heading north - momentum studies rise RBNZ OCR decision Thursday - no change expected but all in the language Soft easing bias seeming…

By Earlence Fernandes
1 min read
EconoTimes — Reading the Times. Understanding the Future.

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  • NZD weakness comes mostly via AUD/NZD strength as shorts cover

  • 5, 10 and 20 dma's are heading north - momentum studies rise

  • RBNZ OCR decision Thursday - no change expected but all in the language

  • Soft easing bias seemingly adopted last week via RBNZ McDermott 

 

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Major Pair Currency Score: AUDUSD Bearish

EURUSD - Levels to watch - 1.100 GBPUSD Levels to watch - 1.3180 USDCHF Levels to watch - 0.8400 USDCAD - Levels to watch - 1.4300 AUDUSD - Levels to watch - 0.7000 NZDUSD - Levels to watch - 0.5560

By FxWirePro Team