Thursday, October 15, 2026

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FxWirePro: Aussie trades marginally higher despite lower than expected wage price index data

AUD/NZD is currently trading around 1.0422 marks. Pair made intraday high at 1.0425 and low at 1.0400 marks. Intraday bias remains neutral till the time pair holds key resistance around 1.0432 mark. A sustained close abo…

By FxWirePro Team
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FxWirePro: Aussie trades marginally higher despite lower than expected wage price index data
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  • AUD/NZD is currently trading around 1.0422 marks.
     
  • Pair made intraday high at 1.0425 and low at 1.0400 marks.
     
  • Intraday bias remains neutral till the time pair holds key resistance around 1.0432 mark.
     
  • A sustained close above 1.0432 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 1.0390 will take the parity down towards key supports around 1.0365/1.0333/1.0237  marks respectively.
     
  • Australia Q4 2018 wage price index yy stays flat at 2.3 % (forecast 2.3 %) vs previous 2.3 %.
     
  • Australia Q4 2018 wage price index qq decrease to 0.5 % (forecast 0.6 %) vs previous 0.6 %.
     
  • Australia's S&P/ASX 200 index up 0.06 pct at 6,110.80 points in early trade.

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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