Friday, October 16, 2026

Technicals

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AUD/USD and AUD/NZD moving higher as shorts pare back ahead of RBA decision

Market pricing in 70% chance of RBA 25 BP cut down from 77% chance earlier AUD/NZD is up around 0.45% while the AUD/USD is up around 0.40% Resistance for AUD/USD is found at 10-day MA at 0.7670 AUD/USD unlikely to move t…

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

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  • Market pricing in 70% chance of RBA 25 BP cut down from 77% chance earlier

  • AUD/NZD is up around 0.45% while the AUD/USD is up around 0.40%

  • Resistance for AUD/USD is found at 10-day MA at 0.7670

  • AUD/USD unlikely to move too far in either direction ahead of RBA decision 

 

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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