0.591
Today
-0.64%
5 Days
-0.52%
1 Month
+2.41%
6 Months
-1.28%
Year to Date
+2.68%
1 Year
+0.88%
Opening Price
0.595Previous Closing Price
0.595• NZDUSD declined due to exhausted RBNZ hawkish expectations and softer domestic data. • A firm U.S. dollar gained support from resilient Treasury yields and Fed communications. • Technical indicators show neutral MACD and RSI readings with a buy Williams %R.
TD Securities’ FX strategist Howard Du maintains a bearish New Zealand Dollar (NZD) bias, noting that Reserve Bank of New Zealand (RBNZ) tightening is largely priced and NZD positioning has normalized.
The NZD/USD pair gathers strength to around 0.5960 during the early European trading hours on Friday. The New Zealand Dollar (NZD) edges higher against the US Dollar (USD) on a hawkish tone from the Reserve Bank of New Zealand (RBNZ).
The NZD/USD pair gathers strength to near 0.5960 during the Asian trading hours on Friday, bolstered by a hawkish tone from the Reserve Bank of New Zealand (RBNZ). Markets might turn cautious later in the day ahead of Federal Reserve (Fed) Chair Kevin Warsh's speech at the Jackson Hole Symposium.
NZD/USD holds just beneath 0.5950 on Thursday, unchanged on the session across a range of twenty-two pips and some forty-five pips under the window high just short of 0.6000 set in early June.
The New Zealand Dollar (NZD) heads lower for the second consecutive day against a stronger US Dollar (USD) on Monday, as hot US inflation data released on Wednesday has renewed pressure on the US Federal Reserve (Fed) to hike interest rates in the coming months.
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 0.5923 is resistance, with 0.5885 and 0.5874 as targets
above 0.5923, look for 0.5941 and 0.5952.
The downside prevails as long as 0.5923 is resistance, with 0.5885 and 0.5874 as targets
Popular Instruments
