Thursday, October 15, 2026

Technicals

Add as a preferred source on Google

FxWirePro: Aussie gains against major peers on robust retail sales data

AUD/NZD is currently trading around 1.0498 marks. Pair made intraday high at 1.0507 and low at 1.0463 marks. Intraday bias remains bullish till the time pair holds immediate support at 1.0463 marks. A sustained close abo…

By FxWirePro Team
1 min read
FxWirePro: Aussie gains against major peers on robust retail sales data
Image from the original EconoTimes article

Read the original article

  • AUD/NZD is currently trading around 1.0498 marks.
     
  • Pair made intraday high at 1.0507 and low at 1.0463 marks.
     
  • Intraday bias remains bullish till the time pair holds immediate support at 1.0463 marks.  
     
  • A sustained close above 1.0531 will drag the parity higher towards key resistances at 1.0618/1.0658/1.0751/1.0823/1.0976 (January 2016 high) /1.1062 (30D EMA) /1.1123/1.1298/1.1317 levels respectively.
     
  • Alternatively, a consistent close below 1.0463 will take the parity down towards key supports around 1.0333, 1.0237, 1.0184, 1.0109 and 1.0053 marks respectively.
     
  • Australia September retail sales m/m increases to 0.6 % (forecast 0.4 %) vs previous 0.4 %.
     
  • Australia September retail sales m/m increases to 0.6 % (forecast 0.4 %) vs previous 0.4 %.
     
  • In addition, Australia released monetary policy meeting minutes.
     
  • RBA policy statement: Board saw "reasonable prospects" of achieving sustainable economic growth.
     
  • RBA: Inflation to stay steady in near term, rise gradually to 2 pct by end 2018.
     
  • RBA: Repeats an appreciating A$ could complicate economic transition.
     
  • RBA: Outlook for commodity prices, particularly coal, more positive than previously thought.
     
  • RBA: GDP and inflation forecasts little changed, GDP seen 2.5-3.5 pct end 2017, 3-4 pct end 2018.
     
  • RBA trims jobs growth forecast, jobless rate to "edge just a little lower" over next 2 years.
     
  • RBA: Outlook for household consumption remains a key uncertainty.

Related articles

View all
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