Friday, October 16, 2026

Technicals

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AUD/USD trades below 0.7620

Broad USD strength returns, interest to buy USD still strong AUD down against all major crosses - on rate cut fears/iron ore price slide AUD/NZD at session lows around 1.0190 Move thru parity premised on widening interes…

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

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  • Broad USD strength returns, interest to buy USD still strong

  • AUD down against all major crosses - on rate cut fears/iron ore price slide

  • AUD/NZD at session lows around 1.0190

  • Move thru parity premised on widening interest rate differentials/ fundamentals

  • Many still long AUD/NZD cross - break of parity could be quite powerful 

 

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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