Thursday, October 15, 2026

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FxWirePro: AUD/USD bounces back from session lows at 0.7331, buying seen at lows

PBOC's Yi Gang briefing on the yuan came as a respite to markets, risk-on returns to the markets following the comments Yi talked up the currency and stated that further bid depreciation in the domestic currency is unlik…

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

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  • PBOC's Yi Gang briefing on the yuan came as a respite to markets, risk-on returns to the markets following the comments

  • Yi  talked up the currency and stated that further bid depreciation in the domestic currency is unlikely

  • Most Asian stocks turned in to the positive territory on Thursday after two back to back sessions of losses

  • AUD/USD bounces back from session lows at 0.7331 to trade at 0.7387 at the time of writing, with a high of 0.7409 and a low of 0.7331

  • Resistance is seen at Tuesday's 0.7440 high, while daily Tenkan-Sen at 0.7328 to offer support on the downside

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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