0.576
Today
+0.02%
5 Days
-1.59%
1 Month
-2.24%
6 Months
-0.17%
Year to Date
+0.03%
1 Year
-3.57%
Opening Price
0.576Previous Closing Price
0.576
The configuration is positive.
below 0.5743, expect 0.5726 and 0.5717.
The upside prevails as long as 0.5743 is support, with 0.5781 and 0.5791 as targets
ING notes that New Zealand’s Q2 GDP slowdown could magnify market impact given infrequent data, but the Reserve Bank of New Zealand remains focused on inflation and jobs.
The NZD/USD pair bounces off an over two-month low, around the 0.5735 area touched earlier this Wednesday, though it lacks any follow-through buying.
NZD/USD extends its losses for the third consecutive day, trading around 0.5750 during Asian hours on Wednesday.
NZD/USD trades close to the 0.5760s, extending a run of losses that has dragged it toward the lower end of its recent range. A broadly firmer US Dollar (USD) is behind the slide, with the greenback supported by climbing United States (US) yields and rate-hike expectations.
The New Zealand Dollar tumbles against the US Dollar for the second straight day this week, down 0.37% as risk appetite sours, with AI company CEOs expressing concerns about the rapid pace of evolution and as high energy prices push markets to expect further tightening by the Fed.
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.
