Friday, October 16, 2026

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AUD/USD sees poor price action, 55 & 21-DMA weigh

Poor price action for AUD/USD bulls as 55 & 21-DMA weigh & daily RSI rolls over Solid Oz jobs sees spike up, most gains erased in Europe, NY erases all 0.7685/00 is support, 10-DMA & hourly lows in that area, above 0.782…

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

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  • Poor price action for AUD/USD bulls as 55 & 21-DMA weigh & daily RSI rolls over

  • Solid Oz jobs sees spike up, most gains erased in Europe, NY erases all 

  • 0.7685/00 is support, 10-DMA & hourly lows in that area, above 0.7820/40 needed to encourage bulls

  • Stops likely below, if run 0.7635 & 0.7600 area to be tested

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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