The NZD/USD pair has recovered its recent losses from the previous session, trading around 0.5990 during the European hours on Thursday. Daily chart analysis indicates a weakening bearish bias, with the pair breaking above the nine-day Exponential Moving Average (EMA), aligned with the lower boundary of the descending channel.
However, the 14-day Relative Strength Index (RSI), a key momentum indicator, remains below the 50 level, suggesting a prevailing bearish trend. A further approach toward the 50 mark would improve the momentum of the NZD/USD pair.
Adding to this outlook, the nine-day Exponential Moving Average remains below the 14-day EMA, suggesting weakness in the short-term price momentum for the NZD/USD pair.
Regarding the resistance, the NZD/USD pair is testing the 14-day EMA at 0.6000 level. A break above this level would improve the price momentum and support the pair to explore the area around the psychological level of 0.6100 level.
On the downside, NZD/USD may find immediate support at the upper boundary of the descending channel, in case of re-entering the channel, aligned with the nine-day EMA at 0.5984 level.
A return into the channel would reinforce the bearish bias and put downward pressure on the NZD/USD pair to navigate the region around the lower boundary of the descending channel near a psychological level of 0.5900.
A break below the descending channel could strengthen the bearish bias and lead the NZD/USD pair to revisit the throwback support at the 0.5850 level.
The table below shows the percentage change of New Zealand Dollar (NZD) against listed major currencies today. New Zealand Dollar was the strongest against the Swiss Franc.
USD | EUR | GBP | JPY | CAD | AUD | NZD | CHF | |
---|---|---|---|---|---|---|---|---|
USD | -0.21% | -0.21% | -0.31% | -0.41% | -0.93% | -0.86% | 0.02% | |
EUR | 0.21% | 0.00% | -0.08% | -0.20% | -0.72% | -0.65% | 0.24% | |
GBP | 0.21% | -0.01% | -0.08% | -0.20% | -0.73% | -0.66% | 0.24% | |
JPY | 0.31% | 0.08% | 0.08% | -0.13% | -0.64% | -0.61% | 0.33% | |
CAD | 0.41% | 0.20% | 0.20% | 0.13% | -0.51% | -0.44% | 0.45% | |
AUD | 0.93% | 0.72% | 0.73% | 0.64% | 0.51% | 0.06% | 0.97% | |
NZD | 0.86% | 0.65% | 0.66% | 0.61% | 0.44% | -0.06% | 0.91% | |
CHF | -0.02% | -0.24% | -0.24% | -0.33% | -0.45% | -0.97% | -0.91% |
The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the New Zealand Dollar from the left column and move along the horizontal line to the US Dollar, the percentage change displayed in the box will represent NZD (base)/USD (quote).
© 2000-2024. Sva prava zaštićena.
Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.
Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.
Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.