Thursday, October 15, 2026

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FxWirePro: Aussie rises in early Asia after RBA governor Lowe’s speech

AUD/NZD is currently trading around 1.0421 marks. Pair made intraday high at 1.0441 and low at 1.0406 marks. Intraday bias remains slightly bullish till the time pair holds key support around 1.0400 mark. A sustained clo…

By FxWirePro Team
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FxWirePro: Aussie rises in early Asia after RBA governor Lowe’s speech
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  • AUD/NZD is currently trading around 1.0421 marks.
     
  • Pair made intraday high at 1.0441 and low at 1.0406 marks.
     
  • Intraday bias remains slightly bullish till the time pair holds key support around 1.0400 mark.
     
  • A sustained close above 1.0418 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 1.0418will take the parity down towards key supports around 1.0400/1.0365/1.0333/1.0237  marks respectively.
     
  • Australia's S&P/ASX 200 index up 0.06 pct at 6,143.10 points in early trade.
     
  • RBA's Lowe says does not see a strong case for a near-term change in the cash rate.
     
  • RBA's Lowe says central scenario 3 pct growth this year.
     
  • RBA's Lowe says we continue to expect unemployment to move lower over the next couple of years to around 4.75 percent.
     
  • RBA's Lowe says outlook for domestic economy is not more negative than positive.
     
  • RBA's Lowe says surprised by A$ reaction to the news on chinese coal block.

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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