Thursday, October 15, 2026

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FxWirePro: Aussie falls noticeably against major peers after RBA’s comments

AUD/NZD is currently trading around 1.0417 marks. Pair made intraday high at 1.0499 and low at 1.0413 marks. Intraday bias remains bearish till the time pair holds key resistance at 1.0500 mark. A sustained close above 1…

By FxWirePro Team
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FxWirePro: Aussie falls noticeably against major peers after RBA’s comments
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  • AUD/NZD is currently trading around 1.0417 marks.
     
  • Pair made intraday high at 1.0499 and low at 1.0413 marks.
     
  • Intraday bias remains bearish till the time pair holds key resistance at 1.0500 mark.
     
  • A sustained close above 1.0511 will drag the parity higher towards key resistances around 1.0540/1.0570/1.0590/1.0634/1.0712 levels respectively.
     
  • Alternatively, a daily close below 1.0466 will take the parity down towards key supports around 1.0432/1.0365/1.0333/1.0237  marks respectively.
     
  • RBA's Lowe - If jobs and wages rising, will be appropriate to raise cash rate at some stage.
     
  • RBA's Lowe - Probabilities on next rate move "appear to be more evenly balanced".
     
  • RBA's Lowe - There are scenarios where the next move in rates is up, others where it is down.
     
  • RBA's Lowe - Sees unemployment declining to around 4.75 pct over the next two years.
     
  • RBA's Lowe - Global economy and china biggest downside risk to Australia.
     
  • RBA's Lowe - Lower rates would lead to lower A$.

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Technicals

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