0.594
Today
+0.02%
5 Days
+1.18%
1 Month
+2.67%
6 Months
-0.90%
Year to Date
+3.24%
1 Year
+1.64%
Opening Price
0.594Previous Closing Price
0.594NZD/USD is trading around 0.5940 on Tuesday, little changed on the day as the risk-sensitive Kiwi consolidates a strong recovery. The pair has clawed back from its recent lows, but a firm US Dollar (USD) ahead of the Jackson Hole Symposium is keeping a lid on further gains for now.
NZD/USD retreats to around 0.5940 on Wednesday at the time of writing, down 0.60% on the day. The New Zealand Dollar (NZD) loses ground against the US Dollar (USD), which finds some support following the release of the latest United States (US) inflation data.
• NZD/USD declined as RBNZ rate hike expectations became fully priced in. • Softening domestic inflation and rising unemployment dampened aggressive tightening expectations. • Technical indicators like the MACD and Williams %R currently suggest buy conditions.
The NZD/USD pair comes under some renewed selling pressure on Wednesday and drops to a fresh weekly low, around the 0.5945 region during the early European session.
NZD/USD depreciates after registering modest gains in the previous day, trading around 0.5960 during the Asian hours on Wednesday.
NZD/USD climbed to around 0.5980 Tuesday, near its highest level since June 1 as a softer US Dollar (USD) and firm Reserve Bank of New Zealand (RBNZ) rate-hike expectations powered the Kiwi higher.
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.

The downside prevails as long as 0.5976 is resistance, with 0.5935 and 0.5924 as targets
above 0.5976, look for 0.5994 and 0.6005.
The downside prevails as long as 0.5976 is resistance, with 0.5935 and 0.5924 as targets
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