1.197
Today
-0.03%
5 Days
+0.39%
1 Month
-1.84%
6 Months
+2.83%
Year to Date
+3.33%
1 Year
+9.45%
Opening Price
1.196Previous Closing Price
1.197The AUD/NZD cross attracts fresh buyers following the release of the monthly Australian jobs report and climbs to a one-and-a-half-week high, around the 1.2060-1.2065 region, during the Asian session on Thursday.
The New Zealand Dollar (NZD) extended gains against the Aussie Dollar (AUD) on Tuesday.
OCBC’s Christopher Wong notes the RBA kept rates at 4.35% while retaining a tightening bias, signalling readiness to hike if needed. However, slowing growth and rising unemployment point to a prolonged pause.
The Australian Dollar (AUD) falls back to near 1.2150 from its intraday high of 1.2168 against the New Zealand Dollar (NZD) after the Reserve Bank of Australia’s (RBA) monetary policy announcement.
TD Securities’ Prashant Newnaha and Howard Du note the Australian Dollar (AUD) has delivered its strongest year-to-date performance in 15 years but now sees constrained upside.
TD Securities strategists focus on AUD/NZD after a sharp post-RBNZ selloff. They argue the start of the Reserve Bank of New Zealand (RBNZ) hiking cycle versus a peaking Reserve Bank of Australia (RBA) cycle should cap the prior AUD/NZD uptrend, but expect short-term consolidation.
The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
This feature includes nine of the commonly used technical indicators: MACD, RSI, KDJ, StochRSI, ATR, CCI, WR, TRIX and MA. You may also adjust the timeframe depending on your needs.
Please note that technical analysis is only part of investment reference, and there is no absolute standard for using numerical values to assess direction. The results are for reference only, and we are not responsible for the accuracy of the indicator calculations and summaries.
The downside prevails as long as 1.2006 is resistance, with 1.1947 and 1.1932 as targets
above 1.2006, look for 1.2032 and 1.2047.
The downside prevails as long as 1.2006 is resistance, with 1.1947 and 1.1932 as targets
Popular Instruments
