Thursday, October 15, 2026

Technicals

Add as a preferred source on Google

AUD/USD pares losses, poor price action for bears

AUD/USD plunged lower earlier on double-shot of bear events (China trade, RBA SMP) spike Later pared all losses to trade flat, price action a concern for bears Pair buiyed by EUR/AUD drop, elevated commodity prices & wid…

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

Read the original article

  • AUD/USD plunged lower earlier on double-shot of bear events (China trade, RBA SMP) spike 

  • Later pared all losses to trade flat, price action a concern for bears

  • Pair buiyed by EUR/AUD drop, elevated commodity prices & wider spreads 

  • Soft US jobs would put bears in trouble, pair likely spikes higher

  • Could clear 0.7935, 0.8005/35 resistance in play then, >0.7840/50 eyes 0.7765/85 

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