Thursday, October 15, 2026

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FxWirePro: Aussie trades marginally lower as AIG services index, building approvals data miss expectations

AUD/NZD is currently trading around 1.0606 marks. Pair made intraday high at 1.0637 and low at 1.0596 marks. Intraday bias remains slightly bearish till the time pair holds key resistance at 1.0637 mark. A sustained clos…

By FxWirePro Team
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FxWirePro: Aussie trades marginally lower as AIG services index, building approvals data miss expectations
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  • AUD/NZD is currently trading around 1.0606 marks.
     
  • Pair made intraday high at 1.0637 and low at 1.0596 marks.
     
  • Intraday bias remains slightly bearish till the time pair holds key resistance at 1.0637 mark.
     
  • A sustained close above 1.0637 will drag the parity higher towards key resistances around 1.0712/1.0877/1.0955 levels respectively.
     
  • Alternatively, a daily close below 1.0637 will take the parity down towards key supports around 1.0563/1.0481/1.0432/1.0333/1.0237  marks respectively.
     
  • Australia Nov 2018 building approvals decrease to -9.1 % (forecast -0.5 %) vs previous -1.5 %.
     
  • Australia Dec 2018 AIG services index decrease to 52.1 vs previous 55.1.
     
  • Australia's S&P/ASX 200 index up 0.43 pct at 5,747.10 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