Thursday, October 15, 2026

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FxWirePro: Aussie falls noticeably against kiwi after GDP data

AUD/NZD is currently trading around 1.0560 marks. Pair made intraday high at 1.0588 and low at 1.0530 marks. Intraday bias remains bearish till the time pair holds key resistance at 1.0625 mark. A sustained close above 1…

By FxWirePro Team
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FxWirePro: Aussie falls noticeably against kiwi after GDP data
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  • AUD/NZD is currently trading around 1.0560 marks.
     
  • Pair made intraday high at 1.0588 and low at 1.0530 marks.
     
  • Intraday bias remains bearish till the time pair holds key resistance at 1.0625 mark.
     
  • A sustained close above 1.0625 will drag the parity higher towards key resistances around 1.0758, 1.0822, 1.0882 and 1.0951 levels respectively.
     
  • Alternatively, a daily close below 1.0580 will take the parity down towards key supports around 1.0532/1. /1.0275/1.0237/1.0192 marks respectively.
     
  • Australia Q1 2019 real GDP qq sa increase to 0.4 % (forecast 0.5 %) vs previous 0.2 %.
     
  • Australia Q1 2019 real GDP yy sa decrease to 1.8 % (forecast 1.8 %) vs previous 2.3 %.
     
  • Australia Q1 2019 final consumption expenditure qq sa decrease to 0.4 % vs previous 0.8 %.
     
  • Australia Q1 2019 GDP chain price index decrease to 1.3 % vs previous 1.4 %.

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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