Thursday, October 15, 2026

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FxWirePro: Aussie falls against major peers as CPI data fails to meet expectations

AUD/NZD is currently trading around 1.0908 marks. Pair made intraday high at 1.0936 and low at 1.0899 marks. Intraday bias remains neutral till the time pair holds key resistance at 1.0952 mark. A sustained close above 1…

By FxWirePro Team
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FxWirePro: Aussie falls against major peers as CPI data fails to meet expectations
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  • AUD/NZD is currently trading around 1.0908 marks.
     
  • Pair made intraday high at 1.0936 and low at 1.0899 marks.
     
  • Intraday bias remains neutral till the time pair holds key resistance at 1.0952 mark.
     
  • A sustained close above 1.0905 will drag the parity higher towards key resistances at 1.0952/1.1020/1.1072/1.1122/1.1180 levels respectively.
     
  • Alternatively, a daily close below 1.0905 will take the parity down towards key supports around 1.0851/1.0782/1.0658/1.0572/1.0502  marks respectively.
     
  • Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart.
     
  • Australia Q2 2018 CPI Q/Q stays flat at 0.4 (forecast 0.5, previous 0.4).
     
  • Australia Q2 2018 RBA trimmed mean CPI q/q releases at 0.5 (forecast 0.5, previous 0.5).
     
  • Australia Q2 2018 CPI index number increases to 113 (previous 112.60).

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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