Thursday, October 15, 2026

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FxWirePro: Kiwi trades marginally higher in early Asia on robust trade balance data

AUD/NZD is currently trading around 1.0468 marks. Pair made intraday high at 1.0495 and low at 1.0463 marks. Intraday bias remains bearish for the moment. A sustained close above 1.0489 will drag the parity higher toward…

By FxWirePro Team
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FxWirePro: Kiwi trades marginally higher in early Asia on robust trade balance data
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  • AUD/NZD is currently trading around 1.0468 marks.
     
  • Pair made intraday high at 1.0495 and low at 1.0463 marks.
     
  • Intraday bias remains bearish for the moment.
     
  • A sustained close above 1.0489 will drag the parity higher towards key resistances around 1.0510/1.0570/1.0590/1.0634/1.0712 levels respectively.
     
  • Alternatively, a daily close below 1.0489 will take the parity down towards key supports around 1.0432/1.0333/1.0237  marks respectively.
     
  • New Zealand Dec 2018 trade balance increase to 264 nzd vs previous -955 nzd (revised from -861 nzd).
     
  • New Zealand Dec 2018 imports decrease to 5.22 nzd vs previous 5.86 nzd (revised from 5.8 nzd).
     
  • New Zealand Dec 2018 exports increase to 5.48 nzd vs previous 4.91 nzd (revised from 4.94 nzd).

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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