Bitcoin

Remains below nine-day EMA near 0.5950 psychological resistance

  • The NZD / USD can initially find support near the EMA from 50 days to 0.5830.
  • The 14-day RSI remaining above level 50 suggests a sustained bias.
  • An escape above the EMA of nine days to 0.5946 could open the way to the pair to reintegrate the ascending canal.

The NZD / USD pair extends the losses for the second successive session, exchanging approximately 0.5930 during European hours on Thursday. The technical analysis of the daily graphic indicates a weakened optimistic bias, because the pair is negotiated further below the model of ascending canal.

In addition, the NZD / SUD pair is positioned below the exponential average of nine days (EMA), which suggests that the amount of short -term price is lower. However, the 14-day relative force index (RSI) is still positioned above the brand 50, suggesting that the bias bias is at stake. If the 14-day RS decomposes below the 50 mark, this could confirm the sloping market change.

Lowering, the NZD / USD pair could find the initial support around the 50 -day EMA at 0.5831, followed by the psychological level of 0.5800. A break below this crucial support area could weaken the medium -term price moment and exert downward pressure on the NZD / USD pair to test the support at 0.5485 – a level not visited since March 2020.

The immediate barrier appears at the EMA of nine days of 0.5945, followed by the lower limit of the ascending channel around 0.6000. A return to the channel could rekindle the bias bias and support the pair to test the highest of 0.6038, given for the last time in November 2024. A rupture supported above this level could open the doors to explore the area around the upper border of the ascending canal around 0.6280, followed by seven months almost 0.6350, recorded in October 2024.

NZD / USD: Daily graphic

New Zealand dollar price today

The table below shows the percentage of variation in the New Zealand dollar (NZD) compared to the main currencies listed today. The New Zealand dollar was the lowest compared to the US dollar.

USD Eur GBP Jpy Goujat Aud Nzd CHF
USD 0.07% 0.10% 0.53% 0.18% 0.06% 0.23% 0.47%
Eur -0.07% 0.05% 0.47% 0.09% 0.00% 0.17% 0.41%
GBP -0.10% -0.05% 0.46% 0.07% -0.02% 0.13% 0.34%
Jpy -0.53% -0.47% -0.46% -0.37% -0.47% -0.31% -0.11%
Goujat -0.18% -0.09% -0.07% 0.37% -0.11% 0.06% 0.26%
Aud -0.06% -0.00% 0.02% 0.47% 0.11% 0.17% 0.40%
Nzd -0.23% -0.17% -0.13% 0.31% -0.06% -0.17% 0.20%
CHF -0.47% -0.41% -0.34% 0.11% -0.26% -0.40% -0.20%

The thermal map shows the percentage of variations in the main currencies against each other. The basic currency is chosen in the left column, while the quotes motto is chosen in the upper row. For example, if you choose the New Zealand dollar in the left column and go along the horizontal line to the US dollar, the percentage of variation displayed in the box will represent NZD (base) / USD (quote).

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