0.585
Today
+0.07%
5 Days
+2.72%
1 Month
+0.56%
6 Months
+1.92%
Year to Date
+1.68%
1 Year
-1.55%
Opening Price
0.584Previous Closing Price
0.585The 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 0.5836, expect 0.5817 and 0.5806.
the upside prevails as long as 0.5836 is support
Commerzbank’s Volkmar Baur notes that the New Zealand Dollar has recovered about 2 cents since the latest rate hike, with markets now effectively pricing in nearly one additional hike by year-end.
The New Zealand Dollar (NZD) has retraced previous losses and extends gains for the third consecutive day against the US Dollar (USD) on Thursday. The NZD/USD pair has reached the 0.5850 area, supported by a weakening Greenback, as markets dial down hopes of a Federal Reserve rate hike in July.
NZD/USD inches lower after two days of gains, trading around 0.5840 during the Asian hours on Thursday. Traders are adopting a highly cautious stance ahead of Friday’s looming June food inflation data, which follows a sharp acceleration in figures back in May.
• The NZDUSD rose as RBNZ policy expectations shifted toward a hawkish stance. • Softer U.S. economic data and declining Treasury yields pressured the U.S. dollar. • Improved global risk sentiment and commodity demand supported New Zealand dollar momentum.
The New Zealand Dollar (NZD) clings to Tuesday’s gains around 0.5820 during the European trading session on Wednesday. The Kiwi pair reflects strength in a risk-on market environment, driven by easing fears of Federal Reserve (Fed) interest rate hikes this year.
OCBC’s Sim Moh Siong and Christopher Wong highlight that the New Zealand Dollar (NZD) continues to outperform G10 peers, underpinned by hawkish Reserve Bank of New Zealand (RBNZ) rhetoric and improving domestic activity data.
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