Friday, October 16, 2026

Technicals

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AUD/USD outperforms the rest in Asia

Pair posted fresh session high at 0.7810 on short covering Traders seen questioning the strong USD trend for the first time AUD going strong across board boosted by commodities/China stocks Resistance seen at 0.7850 and …

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

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  • Pair posted fresh session high at 0.7810 on short covering

  • Traders seen questioning the strong USD trend for the first time

  • AUD going strong across board boosted by commodities/China stocks

  • Resistance seen at 0.7850 and then at 0.7860

 

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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