0.561
Today
+0.17%
5 Days
-0.86%
1 Month
-4.70%
6 Months
-2.41%
Year to Date
-2.49%
1 Year
-3.51%
Opening Price
0.560Previous Closing Price
0.560
The downside prevails as long as 0.5626 is resistance, with 0.5580 and 0.5570 as targets
above 0.5626, look for 0.5643 and 0.5653.
The downside prevails as long as 0.5626 is resistance, with 0.5580 and 0.5570 as targets
The NZD/USD pair recovers some lost ground to near 0.5610, snapping the three-day losing streak during the early European session on Friday.
Five losing weeks in a row and most of a sixth have taken NZD/USD to its lowest since the Reserve Bank of New Zealand (RBNZ) last cut rates, in November 2025. The RBNZ has raised its rate twice since, to 2.75%, and traders have built up bets on a third hike on October 28.
The New Zealand Dollar (NZD) keeps depreciating against the US Dollar (USD) on Thursday, hammered by a perfect storm of risk aversion, high Oil prices, and escalating US Treasury yields that have boosted the Greenback across the board.
• NZDUSD declined due to U.S. Dollar strength and wider yield differentials. • New Zealand faced domestic economic sluggishness and election-related political uncertainty. • Technical indicators including MACD, RSI, and Williams %R suggest selling conditions.
The NZD/USD pair loses momentum to near 0.5615 during the early European trading hours on Thursday. The New Zealand Dollar (NZD) weakens against the US Dollar (USD) as the tighter New Zealand election race raises investor fears on policy backflips.
The Kiwi has followed US bond yields all month, and better numbers from New Zealand's biggest export market didn't change that on Wednesday. China's official services index came in at 50.2 against a 49.3 forecast, and the private services and factory gauges beat as well.
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.