0.563
Today
-0.66%
5 Days
-1.46%
1 Month
-4.77%
6 Months
-2.03%
Year to Date
-2.21%
1 Year
-2.45%
Opening Price
0.567Previous Closing Price
0.567
The downside prevails as long as 0.5662 is resistance, with 0.5622 and 0.5612 as targets
above 0.5662, look for 0.5679 and 0.5689.
The downside prevails as long as 0.5662 is resistance, with 0.5622 and 0.5612 as targets
• Safe-haven flows and US yield advantages drove the New Zealand dollar decline. • Firm US Treasury yields maintained a significant interest-rate spread supporting the dollar. • Technical indicators including MACD and RSI suggest strong sell conditions for NZD/USD.
NZD/USD declines to around 0.5650 at the time of writing on Tuesday, down 0.25% on the day, and remains close to its lowest level since late June.
The NZD/USD pair loses momentum to near 0.5655 during the early European trading hour on Tuesday. The New Zealand Dollar (NZD) extends its downside to a three-month low against the US Dollar (USD) amid ongoingUS-Iran tensions. Traders will keep an eye on the Fedspeak later on Tuesday.
Five straight weekly declines have left NZD/USD at its lowest since late June. Monday's low near 0.5650 matched Thursday's and Friday's, and the pair closed just above it with a small gain.
NZD/USD halts its three-day losing streak, trading around 0.5660 during the European hours on Monday. However, the currency pair faces potential downside pressure as the US Dollar (USD) gains strength from hawkish comments made by Federal Reserve (Fed) officials.
The NZD/USD pair gathers strength to around 0.5665 during the Asian trading hours on Monday. Positive developments surrounding US-China talks provide some support to the China-proxy New Zealand Dollar (NZD) against the US Dollar (USD).
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.