Friday, October 16, 2026

Technicals

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NZD/USD inching higher as USD gains wane

NZD moving upwards with AUD setting pair around +0.50% so far The momentum took rate through hourly resistance at 0.7444 to 0.7451 top Lock-step profits with AUD keeping cross anchored at base 1.0298/1.0328 range NZD gai…

By Ian Preston
1 min read
EconoTimes — Reading the Times. Understanding the Future.

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  • NZD moving upwards with AUD setting pair around +0.50% so far

  • The momentum took rate through hourly resistance at 0.7444 to 0.7451 top

  • Lock-step profits with AUD keeping cross anchored at base 1.0298/1.0328 range

  • NZD gains vs JPY more seen close to 0.6% as Tokyo bids renew

  • Increased trading activity along with with Welly wind-down into week

  • Leaving NZD boosted 0.7403 14-DMA / 0.7463 23.6% Fib retrace of Mar rally 

 

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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