0.561
Today
+0.23%
5 Days
+0.22%
1 Month
-4.02%
6 Months
-3.55%
Year to Date
-2.44%
1 Year
-2.97%
Opening Price
0.560Previous Closing Price
0.560
The upside prevails as long as 0.5607 is support, with 0.5637 and 0.5645 as targets
below 0.5607, expect 0.5594 and 0.5586.
The upside prevails as long as 0.5607 is support, with 0.5637 and 0.5645 as targets
The NZD/USD pair gains traction to near 0.5615 during the early Asian trading hours on Friday. The US Dollar (USD) weakens against the New Zealand Dollar (NZD) amid easing Treasury bond yields. Traders weigh lingering inflation concerns and the outlook for Federal Reserve (Fed) interest rates.
The New Zealand Dollar (NZD) reverses earlier gains as market sentiment sours on Thursday's early European session, and turns negative against the US Dollar (USD) in the daily chart.
NZD/USD experienced volatility after posting modest losses in the previous day, remaining in positive territory and trading around 0.5600 during Asian hours on Thursday.
• A rebounding US dollar and rising Treasury yields pressured the NZD/USD pair. • Geopolitical tensions, inflation risks, and fragile domestic growth weighed on New Zealand. • Technical indicators including MACD and RSI suggest strong sell conditions currently.
NZD/USD depreciates after registering modest gains the previous day, trading around 0.5610 during the European hours on Wednesday.
The New Zealand Dollar (NZD) faces selling pressure while attempting to extend the two-day recovery move above 0.5628 against the US Dollar. In the Asian trade on Wednesday, the NZD/USD pair is down 0.23% to near 0.5609.
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.
