NZDUSD Analysis
| Performance after Tuesday | |||||
| Period | Pct | Chg | Momentum | ||
| Tuesday | 0.19% | 11.9 Pips |  |
||
| Week to-date | -0.32% | -19.5 Pips |  |
||
| September | -1.78% | -111.5 Pips | |
||
Upcoming key events (London Time)
Wed 02:00 AM USD Second 2024 United States presidential debate Wed 01:30 PM USD CPI Inflation Rate (12-mth) Thu 01:30 PM USD PPI excluding Food and Energy sectors (12-mth)
What happened lately
No major activities.
Latest from X (Twitter)
What can we expect from NZDUSD today?
NZDUSD on Tuesday rose 0.19% to 0.61518. Price is below 9-Day EMA while Stochastic is falling.
Updated daily direction for NZDUSD looks mixed as the pair is likely to consolidate above 0.61338 (S1).
Looking ahead today, to see upside interest, we prefer to look at price breakout of last daily high of 0.61650 or trades above daily pivot 0.61494. Break above could target R1 at 0.61674. While to the downside, we are looking at 0.61338 (S1) and daily low of 0.61314 as support levels. NZDUSD need to break on either side to indicate a short-term bias. A break above 0.61650 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 | 0.6201 |
| R2 | 0.6183 |
| R1 | 0.61674 |
| Daily Pivot | 0.61494 |
| S1 | 0.61338 |
| S2 | 0.61158 |
| S3 | 0.61002 |
#NZDUSD Trending on Twitter
[custom-twitter-feeds hashtag=”#NZDUSD” num=3 showheader=false]
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.