Today
+0.30%
5 Days
-0.13%
1 Month
-0.06%
6 Months
+3.64%
Year to Date
+6.40%
1 Year
-1.69%
Opening Price
0.5917Previous Closing Price
0.59209The 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 0.5917, expect 0.5899 and 0.5888.
the upside prevails as long as 0.5917 is support
The NZD/USD pair gains traction to around 0.5935 during the early European session on Monday. The US Dollar (USD) edges lower against the New Zealand Dollar (NZD) as anticipation mounts of a Federal Reserve (Fed) interest rate cut.
The NZD/USD pair gains some positive traction at the start of a new week and holds comfortably above the 0.5900 mark during the Asian session, though it lacks bullish conviction.
The New Zealand Dollar halted its rally and turned negative, poised to finish 0.49% down in the week, after failing to clear key resistance levels, which paved the way for a drop towards the weekly lows near 0.5900. The NZD/USD trades at 0.5923, down 0.09%.
Further New Zealand Dollar (NZD) declines are not ruled out, but any weakness is likely part of a lower range of 0.5905/0.5950. In the longer run, NZD has likely entered a 0.5880/0.5980 consolidation phase, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
In New Zealand, complete inflation figures are only published once a quarter; each month, only a selection of prices is tracked and the inflation rate for these is published, Commerzbank's FX analyst Volkmar Baur notes.
The New Zealand Dollar is showing a mild recovery on Friday, trimming losses after a nearly 1% sell-off on Thursday, hit by a stronger US Dollar after hot US PPI figures and downbeat industrial production and retail sales data from China.