Friday, October 16, 2026

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AUD/USD follows NZD upwards but with lag

AUD/USD seen following NZD/USD as stops tripped above 0.7620 in the former NZD/USD calm until gapping upwards as traders throw in the towel on shorts AUD/USD is up but could lag above 0.7850 US Dollar down 0.2% on the da…

By Ian Preston
1 min read
EconoTimes — Reading the Times. Understanding the Future.

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  • AUD/USD seen following NZD/USD as stops tripped above 0.7620 in the former

  • NZD/USD calm until gapping upwards as traders throw in the towel on shorts

  • AUD/USD is up but could lag above 0.7850

  • US Dollar down 0.2% on the day now with NZD/USD up a startling 1.15%

  • AUD/NZD goes to down 0.4% from up 0.3% and to a new record low of 1.0225 

 

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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