Thursday, October 15, 2026

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FxWirePro: Kiwi trades marginally lower against major peers despite robust trade balance data

AUD/NZD is currently trading around 1.0251 marks. Pair made intraday high at 1.0272 and low at 1.0211 marks. Intraday bias remains slightly bullish for the moment. A sustained close above 1.0270 will drag the parity high…

By FxWirePro Team
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FxWirePro: Kiwi trades marginally lower against major peers despite robust trade balance data
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  • AUD/NZD is currently trading around 1.0251 marks.
     
  • Pair made intraday high at 1.0272 and low at 1.0211 marks.
     
  • Intraday bias remains slightly bullish for the moment.
     
  • A sustained close above 1.0270 will drag the parity higher towards key resistances around 1.0341, 1.0532, 1.06, 1.0654 and 1.0743 mark respectively.
     
  • Alternatively, a daily close below 1.0197 will drag the parity lower towards key supports around 1.0052/0.9950/0.9824/0.97 marks respectively.
     
  • NZ’s trade balance stands at 594M vs -414M previous release (expected 550M).

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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