NZDUSD

The New Zealand Dollar has depreciated about 43 base points against the US Dollar since yesterday's trading session. The currency pair has been guided by the three moving averages since May 14.

As for the near future, it is likely that the NZD/USD exchange rate will continue its downward swing in the short term. The pair might aim for a support cluster formed by the weekly and the monthly pivot points at 0.647.

Bearish traders might push the currency exchange rate towards a support level set by the weekly S1 at the 0.6485 area today.

NZDUSD

 

NZDUSD

This overview can be used only for informational purposes. Dukascopy SA is not responsible for any losses arising from any investment based on any recommendation, forecast or other information herein contained.

Analysis feed

Latest Forex Analysis

Editors’ Picks

EUR/USD consolidating as markets digest the new US-Sino trade truce

EUR/UDS is trading around 1.1030, little changed. Markets are digesting the US-Sino handshake deal that prevents new US tariffs that were planned for Tuesday. Euro-zone industrial output is due out.

EUR/USD News

GBP/USD gives up intraday gains, hovers near daily lows

The GBP/USD pair failed to sustain gains above the 1.2600 figure and nears its daily low at 1.2515, as Brexit uncertainty dents Sterling demand. UK elections’ possibility resurged in market’s talks.

GBP/USD News

USD/JPY retreats from 2-1/2 month tops, still comfortable above 108.00 handle

A partial US-China trade deal on Friday weighed on the JPY’s safe-haven status. Traders now seemed inclined to book profit despite a pickup in the USD demand.

USD/JPY News

Forex Today: Markets skeptical about US-Sino trade truce and sterling suffers a hangover as talks continue

Markets are cautious regarding the US-Sino partial trade deal. The world's largest economy agreed on a "hand-shake" agreement which is yet to be written. It includes a Chinese commitment to buy agrifoods.

Read more

Gold climbs to session tops, inching closer to $1500 mark

Gold edged higher through the early European session and is currently placed at the top end of its daily trading range, around the $1495 region.

Gold News

Forex Majors

Cryptocurrencies

Signatures