- The NZD/USD proves the immediate resistance in a nine -day EMA of 0.5654.
- The 14 -day RSI is positioned below level 50, suggesting that a bearish bias is active.
- A successful rupture below 0.5650 could lead to the torque to approach the lower limit of the rectangle at level 0.5550.
The NZD/USD breaks its three -day loss streak, quoting around 0.5650 during the first European hours on Tuesday. The technical analysis of the daily chart indicates that buyers and vendors are insecure on the long -term direction of the asset, since the pair is consolidated within a rectangular pattern.
In addition, the 14 -day relative force index (RSI) is positioned slightly below level 50, suggesting that a bassist bias is active. However, the NZD/USD pair remains slightly below the nine -day exponential (EMA) mobile average, reflecting that the impulse of the short -term price is also attenuated.
As for its support, the NZD/USD torque proves a crucial level of 0.5650. A successful rupture below this level could lead to the region around the lower threshold of the rectangle at level 0.5550, followed by its support area at 0.5516 – his lowest point since October 2022, reached on February 3 .
On the positive side, the NZD/USD torque proves the nine -day EMA at 0.5654. A rupture above this level could improve the impulse of the short -term price and support the torque to navigate the area around its maximum of 0.5794, reached on January 24. The next barrier appears at the psychological level of 0.5800, followed by the upper limit of the rectangle at 0.5810.
NZD/USD: Daily graphic
New Zealander dollar today
The lower table shows the percentage of change of the New Zealand dollar (NZD) compared to the main coins today. New Zealand dollar was the strongest currency against pound sterling.
| USD | EUR | GBP | JPY | CAD | Aud | NZD | CHF | |
|---|---|---|---|---|---|---|---|---|
| USD | 0.02% | 0.18% | 0.06% | 0.14% | -0.05% | -0.13% | 0.04% | |
| EUR | -0.02% | 0.14% | 0.00% | 0.12% | -0.07% | -0.15% | 0.02% | |
| GBP | -0.18% | -0.14% | -0.13% | -0.03% | -0.23% | -0.30% | -0.13% | |
| JPY | -0.06% | 0.00% | 0.13% | 0.10% | -0.09% | -0.17% | 0.00% | |
| CAD | -0.14% | -0.12% | 0.03% | -0.10% | -0.19% | -0.27% | -0.10% | |
| Aud | 0.05% | 0.07% | 0.23% | 0.09% | 0.19% | -0.08% | 0.09% | |
| NZD | 0.13% | 0.15% | 0.30% | 0.17% | 0.27% | 0.08% | 0.17% | |
| CHF | -0.04% | -0.02% | 0.13% | -0.01% | 0.10% | -0.09% | -0.17% |
The heat map shows the percentage changes of the main currencies. The base currency is selected from the left column, while the contribution currency is selected in the upper row. For example, if you choose the New Zealand dollar of the left column and move along the horizontal line to the US dollar, the percentage change shown in the box will represent the NZD (base)/USD (quotation).
Source: Fx Street
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
