Today
-0.41%
5 Days
-1.29%
1 Month
-1.10%
6 Months
-7.15%
Year to Date
-4.03%
1 Year
-2.52%
Opening Price
0.555Previous Closing Price
0.555
The downside prevails as long as 0.5544 is resistance, with 0.5512 and 0.5503 as targets
above 0.5544, look for 0.5559 and 0.5568.
The downside prevails as long as 0.5544 is resistance, with 0.5512 and 0.5503 as targets
The New Zealand Dollar (NZD) heads lower for the fourth consecutive day against the US Dollar (USD) on Friday, as speculation of a jumbo rate hike by the Federal Reserve (Fed) has increased the monetary divergence with the Reserve Bank of New Zealand (RBNZ).
NZD/USD continues its losing streak for the fourth consecutive day, trading around 0.5540 during Asian hours on Friday. The pair holds losses as the US Dollar (USD) remains steady on persistent inflation concerns and expectations of tighter monetary policy.
The NZD/USD pair declines to near 0.5545 during the Asian trading hours on Friday. Growing bets of a larger Federal Reserve (Fed) rate hike in December provide some support to the US Dollar (USD) and act as a headwind for the pair.
Monday's post-election bounce in the Kiwi lasted one session, and three straight falls since have put it back beside its lowest level in more than 18 months. NZD/USD is trading around 0.5550, and Thursday's low was only slightly lower.
The New Zealand Dollar (NZD) is trading practically flat against the US Dollar (USD) on Thursday, holding losses after the last two days’ reversal.
NZD/USD loses ground for the third consecutive day, trading around 0.5550 during European hours on Thursday.
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.