0.580
Today
-0.70%
5 Days
-0.94%
1 Month
-1.62%
6 Months
-2.30%
Year to Date
+0.70%
1 Year
-2.18%
Opening Price
0.583Previous Closing Price
0.584
The downside prevails as long as 0.5813 is resistance, with 0.5773 and 0.5763 as targets
above 0.5813, look for 0.5831 and 0.5842.
The downside prevails as long as 0.5813 is resistance, with 0.5773 and 0.5763 as targets
The Kiwi Dollar fails to clear a confluence of key Simple Moving Averages (SMAs) and dives below 0.5800, printing a near two-month low of 0.5797. At the time of writing, NZD/USD is down 0.65% and poised to test lower levels if it closes below 0.58.
• RBNZ dovish guidance and rate pause expectations pressured the New Zealand dollar. • Strong U.S. employment data and Treasury yields strengthened the U.S. dollar. • Global risk aversion and energy prices further impacted commodity-linked currencies.
The New Zealand Dollar (NZD) nudges higher against a depressed US Dollar (USD) on Thursday, but keeps its near-term bearish trend intact as high Oil prices and surging global yields keep market sentiment subdued.
The NZD/USD pair gathers strength to around 0.5845 during the early Asian session on Thursday, bolstered by a softer US Dollar (USD). All eyes will be on the upcoming Producer Price Index (PPI) data due on Thursday.
The New Zealand Dollar extends its losses against the US Dollar, down 0.30% as the Greenback gets underpinned by rising US Treasury yields, with the 10-year reaching its highest level since 2023. The NZD/USD trades at 0.5835.
The New Zealand Dollar trades lower against the US Dollar (USD) for the third consecutive day on Wednesday, extending losses below 0.5850 to test four-week lows at the 0.5835 area.
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.
