0.572
Today
-0.01%
5 Days
-1.58%
1 Month
-3.73%
6 Months
-1.81%
Year to Date
-0.64%
1 Year
-2.28%
Opening Price
0.572Previous Closing Price
0.572
The upside prevails as long as 0.5709 is support, with 0.5749 and 0.5759 as targets
below 0.5709, expect 0.5693 and 0.5683.
The upside prevails as long as 0.5709 is support, with 0.5749 and 0.5759 as targets
The New Zealand Dollar (NZD) languishes just above two-and-a-half-month lows against the US Dollar (USD), despite a somewhat brighter market mood, as a sustained reversal in Oil prices has eased risk aversion on Monday.
The New Zealand Dollar (NZD) trades marginally higher against the US Dollar (USD) at around 0.5727 during the European trading session on Monday even as the US Dollar Index (DXY) is positive. At press time, the USD Index is up 0.1% higher to near 100.31.
The NZD/USD pair attracts some sellers for the second straight day and trades around the 0.5720-0.5715 zone during the Asian session on Monday, well within striking distance of an over two-month low set last week.
The Kiwi Dollar turns negative on the day, down 0.11% against the US Dollar, in a week that saw the Fed's first rate hike in three years, which underpinned the Greenback against most G8 FX currencies. The NZD/USD trades at 0.5725 after reaching a high of 0.5787.
NZD/USD trades lower around 0.5710 on Friday at the time of writing, down 0.34% on the day.
NZD/USD depreciates after posting gains the previous day, trading around 0.5720 during the early European hours on Friday. The pair loses ground as the US Dollar (USD) recovers its daily losses due to hawkish comments from Federal Reserve Chair Kevin Warsh.
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.