Today
-0.98%
5 Days
-1.62%
1 Month
-1.02%
6 Months
-5.86%
Year to Date
-3.73%
1 Year
-2.14%
Opening Price
0.559Previous Closing Price
0.560
The downside prevails as long as 0.5557 is resistance, with 0.5528 and 0.5519 as targets
above 0.5557, look for 0.5571 and 0.5579.
The downside prevails as long as 0.5557 is resistance, with 0.5528 and 0.5519 as targets
The New Zealand Dollar (NZD) is falling sharply on Friday as the US Dollar (USD) outperforms its major currency peers amid the risk-off mood and market expectations of a strong US Nonfarm Payrolls (NFP) report later in the day.
NZD/USD remains subdued for the second successive day, trading around 0.5560 during European hours on Friday. The pair is depreciating as the US Dollar (USD) gains support amid widespread market caution.
The NZD/USD pair attracts some sellers to near 0.5585 during the Asian trading hours on Friday. The New Zealand Dollar (NZD) extends its downside against the US Dollar (USD) due to soft employment data and political uncertainty in New Zealand.
New Zealand votes on Saturday with the Kiwi back where it was before the Dollar fell to a one-month low on US midterm results. NZD/USD rose above 0.5650 on Thursday and has fallen to the session low just under 0.5600.
The New Zealand Dollar (NZD) gives up half of its early gains against the US Dollar (USD) on Thursday. In the European trade, the NZD/USD pair retreats from day’s high of 0.5658, but is still 0.2% higher to near 0.5630.
The NZD/USD pair gains positive traction for the second straight day on Thursday, building on the previous day's recovery from the 0.5575 area, or a three-week low.
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.