NZDUSD on Monday rose 0.12% to 0.59659. Pair in consolidation. What we know.

Share on facebook
Share on twitter
Share on linkedin

NZDUSD Analysis

Performance after Monday
Period Pct Chg Momentum
Monday 0.12% 6.9 Pips
Week to-date 0.12% 6.9 Pips
September 0.02% 1.4 Pips

Upcoming key events (London Time)

No major events for the day.

What happened lately

No major activities.

What can we expect from NZDUSD today?

NZDUSD on Monday rose 0.12% to 0.59659. Price is above 9-Day EMA while Stochastic is rising.

Updated daily direction for NZDUSD looks mixed as the pair is likely to consolidate above 0.59476 (S1).

Looking ahead today, to see upside interest, we prefer to look at price breakout of last daily high of 0.59740 or trades above daily pivot 0.59608. Break above could target R1 at 0.59791. While to the downside, we are looking at 0.59476 (S1) and daily low of 0.59425 as support levels. NZDUSD need to break on either side to indicate a short-term bias. A break above 0.59740 may suggest continuation after recent positive movement.

For the week to-date, take note that NZDUSD is mixed as compared to the prior week.

Key levels to watch out:

R3 0.60106
R2 0.59923
R1 0.59791
Daily Pivot 0.59608
S1 0.59476
S2 0.59293
S3 0.59161

#NZDUSD Trending on Twitter

Disclaimer: We do not endorsed nor verified the posts provided by Twitter. This widget is provided to you as a convenience only and is not affiliated with all parties in any way.

Press Release