NZDUSD on Monday rose 0.91% to 0.60397. Winners and losers.

NZDUSD Analysis

Performance after Monday
Monday0.91%54.3 Pips
Week to-date0.92%54.8 Pips
November4.12%238.8 Pips

Upcoming key events (London Time)

Tue 07:00 PM USD FOMC Meeting Minutes

What happened lately

No major activities.

Latest from X (Twitter)

What can we expect from NZDUSD today?

NZDUSD on Monday rose 0.91% to 0.60397. Price is above 9-Day EMA while Stochastic is falling.

Updated daily direction for NZDUSD looks bullish as the pair ended higher after Monday trading session.

Looking ahead for the day, immediate upside resistance level is R1 at 0.60591 with break above could target R2 at 0.60784 or figure level area. While towards the downside, we are looking at daily low of 0.59880 as an important support. Break below this level could weaken the current bullish momentum. A break above 0.60429 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:

Daily Pivot0.60235

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