NZD/USD daily
- NZD/USD is trading in a bull trend above its main simple moving averages (SMAs).
- The Reserve Bank of New Zealand (RBNZ) will release its interest rate decision at 1.00 am GMT this Wednesday. The event can lead to high volatilty on NZD-related pairs.
NZD/USD 4-hour chart
- NZD/USD is trading above its main SMAs suggesting a bullish bias in the medium-term.
NZD/USD 30-minute chart
- NZD/USD is trading between its 50 and 100 SMA suggesting a consolidation in the short-term.
- 0.6920 is a strong resistance. If breached 0.6970 comes into play.
- Looking down, 0.6890 and 0.6860 are seen as immediate supports following the RBNZ.
Additional key levels
Note: All information on this page is subject to change. The use of this website constitutes acceptance of our user agreement. Please read our privacy policy and legal disclaimer. Opinions expressed at FXstreet.com are those of the individual authors and do not necessarily represent the opinion of FXstreet.com or its management. Risk Disclosure: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
Recommended content
Editors’ Picks
AUD/USD stays bullish despite Powell hawkish tilt, Aussie PMI eyed
The Aussie Dollar ended September on a higher note, posting gains of over 0.22% against the Greenback, even though Federal Reserve Chairman Jerome Powell was slightly ‘hawkish’ in a speech. The AUD/USD trades around 0.6913 after bouncing off daily lows of 0.6894.
EUR/USD churns in familiar territory ahead of EU inflation print
EUR/USD struggles to find fresh bids as price action holds near 1.1150. Key EU inflation print due early Tuesday, investors on the lookout for looming NFP. Fed speakers knock back early expectations of further jumbo cuts.
Gold dims, falls below $2,650 as US Dollar bounces back
Gold price retreats for the second consecutive day amid month-end flows favoring the Greenback despite falling US Treasury yields. Nevertheless, the golden metal is set to register monthly gains of over 5.40% in September, its best month since March 2024, when Bullion prices rose over 9%.
Ethereum could decline to $2,395 if key support level fails to hold
Ethereum is down 2% on Monday, struggling around the $2,595 key support level after the ETH Foundation continued its selling spree. However, the slow price movement in the past few hours isn't reflective of the rising inflows across US spot Ethereum ETFs.
RBA widely expected to keep key interest rate unchanged amid persisting price pressures
The Reserve Bank of Australia is likely to continue bucking the trend adopted by major central banks of the dovish policy pivot, opting to maintain the policy for the seventh consecutive meeting on Tuesday.
Five best Forex brokers in 2024
VERIFIED Choosing the best Forex broker in 2024 requires careful consideration of certain essential factors. With the wide array of options available, it is crucial to find a broker that aligns with your trading style, experience level, and financial goals.