0.588
Today
-0.38%
5 Days
-0.04%
1 Month
+0.65%
6 Months
-2.81%
Year to Date
+2.10%
1 Year
-0.76%
Opening Price
0.590Previous Closing Price
0.590The NZD/USD pair declines to around 0.5895 during the Asian trading hours on Tuesday. Weaker-than-expected Chinese Retail Sales and Industrial Production data weigh on the China-proxy New Zealand Dollar (NZD) against the US Dollar (USD).
NZD/USD is close to flat on the day, holding the 0.5900 region and unable to join the broader move against a soft US Dollar (USD).
NZD/USD extends its advance on Monday and trades around 0.5915 at the time of writing, up 0.37% on the day.
Commerzbank’s Volkmar Baur argues that softer New Zealand inflation data make a September rate hike by the Reserve Bank of New Zealand (RBNZ) unlikely after July’s move.
The New Zealand Dollar (NZD) keeps crawling higher against a weaker US Dollar (USD) with price action reaching the 0.5920 area for the first time since early June. Kiwi Dollar bulls did not flinch after a set of downbeat data from China on Monday and kept buying the pair, with the US Dollar depreci
• NZDUSD rose due to monetary policy divergence and a weakening US dollar. • RBNZ rate-hike expectations and positive risk sentiment strengthened the New Zealand dollar. • Technical indicators show a buy signal alongside overbought market conditions.
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 0.5910 is resistance, with 0.5868 and 0.5858 as targets
above 0.5910, look for 0.5927 and 0.5938.
The downside prevails as long as 0.5910 is resistance, with 0.5868 and 0.5858 as targets
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