0.566
Today
-0.07%
5 Days
-1.02%
1 Month
-4.82%
6 Months
-1.46%
Year to Date
-1.64%
1 Year
-1.88%
Opening Price
0.565Previous Closing Price
0.566
The technical picture is a bit hazy. Above 0.5643, look for a rise towards 0.5695
below 0.5643, expect 0.5627 and 0.5617.
The technical picture is a bit hazy. Above 0.5643, look for a rise towards 0.5695
NZD/USD halts its three-day losing streak, trading around 0.5660 during the European hours on Monday. However, the currency pair faces potential downside pressure as the US Dollar (USD) gains strength from hawkish comments made by Federal Reserve (Fed) officials.
The NZD/USD pair gathers strength to around 0.5665 during the Asian trading hours on Monday. Positive developments surrounding US-China talks provide some support to the China-proxy New Zealand Dollar (NZD) against the US Dollar (USD).
NZD/USD trades around 0.5665 on Friday at the time of writing, virtually unchanged on the day, as the New Zealand Dollar (NZD) struggles to capitalize on a moderate decline in the US Dollar (USD).
NZD/USD holds gains after experiencing volatility, trading around 0.5660 during European hours on Friday. The currency pair holds gains as the US Dollar (USD) struggles despite market caution amid persistent hawkish sentiment surrounding the Federal Reserve’s monetary policy outlook.
The NZD/USD pair attracts sellers for the third straight day, flirting with its lowest level since late June, around mid-0.5600s during the Asian session on Friday. Spot prices remain on track to register losses for the fifth straight week and seem vulnerable amid a bullish US Dollar (USD).
The Reserve Bank of New Zealand (RBNZ) has its Official Cash Rate (OCR) at 2.75%, and markets now price at least a 75% chance that it goes to 3% on October 28, against about 30% right after the September 2 hike. NZD/USD is trading just above 0.5650, its lowest since late June.
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.
