Friday, October 16, 2026

Technicals

Add as a preferred source on Google

AUD/USD 55-DMA caps twice, range bottom test likely

AUD/USD broad 0.7590/0.7820 range intact, bottom test likely after 55-DMA caps twice 10-DMA is pierced and now acts as a bit of resistance Immediate support in 0.7635/40 area, if breaks 07595/00 eyed June 11 doji followe…

By Jay L. Zagorsky
1 min read
EconoTimes — Reading the Times. Understanding the Future.

Read the original article

  • AUD/USD broad 0.7590/0.7820 range intact, bottom test likely after 55-DMA caps twice

  • 10-DMA is pierced and now acts as a bit of resistance

  • Immediate support in 0.7635/40 area, if breaks 07595/00 eyed

  • June 11 doji followed by down day today and RSIs biased down 

  • Spreads a bit tighter & commodities soft, should help keep AUD heavy

Related articles

View all
Technicals

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