0.569
Today
-0.15%
5 Days
+0.76%
1 Month
-1.79%
6 Months
-1.62%
Year to Date
-1.14%
1 Year
-5.98%
Opening Price
0.570Previous Closing Price
0.570The 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 price could retrace.
below 0.5683, expect 0.5663 and 0.5651.
as long as 0.5683 is support look for 0.5738
The New Zealand Dollar (NZD) continues to trade subdued against the US Dollar (USD) as markets brace for the Reserve Bank of New Zealand's (RBNZ) upcoming monetary policy decision.

Volkmar Baur at Commerzbank expects the Reserve Bank of New Zealand (RBNZ) to raise rates at its July meeting to reinforce its inflation-fighting credentials, which should initially support the New Zealand Dollar (NZD).

NZD/USD inches lower for the second successive day, trading around 0.5700 during the Asian hours on Tuesday. The currency pair depreciates as the US Dollar (USD) holds ground, which could be attributed to the renewed geopolitical tensions in the Strait of Hormuz.

NZD/USD trades under pressure near the 0.5700 level as the US Dollar (USD) remains supported by hawkish-leaning comments from Federal Reserve (Fed) Governor Christopher Waller and resilient United States (US) services data.

Rabobank’s FX Strategy team discusses the New Zealand Dollar (NZD) ahead of the July 8 Reserve Bank of New Zealand (RBNZ) meeting, where consensus and the bank expect a 25 bp hike to 2.5%.

ING’s Francesco Pesole expects the Reserve Bank of New Zealand (RBNZ) to deliver a 25bp ‘insurance’ hike in July, taking the policy rate to 2.50%, despite the sharp drop in Oil prices.

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