0.562
Today
-0.23%
5 Days
-0.92%
1 Month
-4.97%
6 Months
-2.19%
Year to Date
-2.36%
1 Year
-3.00%
Opening Price
0.563Previous Closing Price
0.563
The downside prevails as long as 0.5639 is resistance, with 0.5602 and 0.5592 as targets
above 0.5639, look for 0.5655 and 0.5665.
The downside prevails as long as 0.5639 is resistance, with 0.5602 and 0.5592 as targets
The Kiwi has followed US bond yields all month, and better numbers from New Zealand's biggest export market didn't change that on Wednesday. China's official services index came in at 50.2 against a 49.3 forecast, and the private services and factory gauges beat as well.
NZD/USD gains ground after registering losses in the previous day, trading around 0.5650 during the European hours on Wednesday. The pair gains upward momentum as the US Dollar (USD) weakens following dovish remarks from Federal Reserve Bank of New York President John Williams.
The New Zealand Dollar (NZD) is 0.11% higher at around 0.5645 against the US Dollar (USD) during the Asian trading session on Wednesday. The Kiwi pair gains after discovering cushion near 0.5625 on Tuesday, following a vertical decline in the past few weeks.
Australia's fourth rate hike of 2026 sent the Australian Dollar lower on Tuesday, and NZD/USD closed below 0.5650 for the first time in its slide. The Reserve Bank of Australia (RBA) raised its cash rate to 4.60%, the highest since 2011, in a unanimous vote.
• 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 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.