Thursday, October 15, 2026

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FxWirePro: Aussie depreciates against major peers as GDP data misses expectations

AUD/NZD is currently trading around 1.0404 marks. Pair made intraday high at 1.0428 and low at 1.0390 marks. Intraday bias remains neutral till the time pair holds key support around 1.0390 mark . A sustained close above…

By FxWirePro Team
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FxWirePro: Aussie depreciates against major peers as GDP data misses expectations
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  • AUD/NZD is currently trading around 1.0404 marks.
     
  • Pair made intraday high at 1.0428 and low at 1.0390 marks.
     
  • Intraday bias remains neutral till the time pair holds key support around 1.0390 mark
    .
  • A sustained close above 1.0447 will drag the parity higher towards key resistances around 1.0488/1.0540/1.0570/1.0590/1.0634 levels respectively.
     
  • Alternatively, a daily close below 1.0390 will take the parity down towards key supports around 1.0368/1.0333/1.0237/1.0192  marks respectively.
     
  • Australia Q4 2018 real GDP qq sa decrease to 0.2 % (forecast 0.3 %) vs previous 0.3 %.
     
  • Australia Q4 2018 real GDP yy sa decrease to 2.3 % (forecast 2.5 %) vs previous 2.8 %.
     
  • Australia's S&P/ASX 200 index up 0.18 pct at 6,210.20 points in early trade.

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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