NZDUSD on Thursday rose 0.99% to 0.60968. What we know.

NZDUSD Analysis

Performance after Thursday
PeriodPctChgMomentum
Thursday0.99%59.8 Pips
Week to-date0.66%39.9 Pips
June1.33%79.8 Pips

Upcoming key events (London Time)

No major events for the day.

What happened lately

🇺🇸 U.S. Goods and Services Trade Balance in April dropped to -74.6$ compared to previous figure -60.6$ (revised from -64.2$)


NZDUSD 4-hour Chart by TradingView

What can we expect from NZDUSD today?

NZDUSD on Thursday rose 0.99% to 0.60968. Price is above 9-Day EMA while Stochastic is rising.

Updated daily direction for NZDUSD looks as

A break above 0.60990 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:

R30.61789
R20.61389
R10.61179
Daily Pivot0.60779
S10.60569
S20.60169
S30.59959

You might be interested in:

U.S. International Trade in Goods and Services, April 2023. Bureau of Economic Analysis
U.S. International Trade in Goods and Services. Census Bureau
Quarterly Financial Report. Census Bureau
Quarterly Financial Report – Retail. Census Bureau

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