0.588USD
Today
+0.79%
5 Days
+0.80%
1 Month
+0.08%
6 Months
+3.18%
Year to Date
+2.15%
1 Year
-1.99%
Opening Price
0.583Previous Closing Price
0.583The 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 configuration is positive.
below 0.5848, expect 0.5827 and 0.5814.
the upside prevails as long as 0.5848 is support
Volkmar Baur at Commerzbank notes the RBNZ held rates at 2.25% with a hawkish split vote, pushing market odds of a July hike above 70%.

The NZD/USD pair regains positive traction during the Asian session on Wednesday and rallies to the 0.5875-0.5880 resistance zone in reaction to the Reserve Bank of New Zealand's (RBNZ) hawkish on-hold rate decision.

The NZD/USD pair attracts some buyers to near 0.5870 during the Asian trading hours on Wednesday. The New Zealand Dollar (NZD) edges higher against the US Dollar (USD) after the Reserve Bank of New Zealand (RBNZ) interest rate decision.

The Reserve Bank of New Zealand (RBNZ) is widely expected to hold the Official Cash Rate (OCR) at 2.25% for the third consecutive meeting, as the impact of the Iran war continues to hit the economic growth and fuel inflation pressures.

There is something almost comic about a central bank that spent a year insisting rates needed to come down, only to find itself staring at inflation heading the wrong way.

MUFG's strategists flag the Reserve Bank of New Zealand (RBNZ) as a key event risk, with markets expecting no move this week but assigning a meaningful probability to a July rate hike.

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