NZD/USD: Set to trade in a range between 0.5995 and 0.6045 – UOB Group
Outlook appears unclear; New Zealand Dollar (NZD) could trade in a range between 0.5995 and 0.6045 against US Dollar (USD). In the longer run, price action indicates that further NZD weakness is likely; the level to watch is 0.5950, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.

Outlook appears unclear; New Zealand Dollar (NZD) could trade in a range between 0.5995 and 0.6045 against US Dollar (USD). In the longer run, price action indicates that further NZD weakness is likely; the level to watch is 0.5950, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.

Price action indicates that further NZD weakness is likely

24-HOUR VIEW: "Our view for NZD to 'trade in a range between 0.5980 and 0.6020' yesterday was incorrect. Instead of range trading, NZD rose and closed at 0.6036 (+0.63%). While NZD extended its gains after the close, it then dropped back down sharply. The outlook today appears unclear, and NZD could trade in a range between 0.5995 and 0.6045."

1-3 WEEKS VIEW: "We highlighted on Tuesday (08 Jul, spot at 0.6015) that the price action from earlier this week 'indicates that further NZD weakness is likely, and the level to watch is 0.5950.' Yesterday, we pointed out that 'while NZD has yet to show significant follow-through on the downside, we will maintain our view as long as 0.6060 (‘strong resistance’ level) is not breached.' We continue to hold the same view.

Acuity Trading
Trade The World
Acuity Trading ist ein 2013 gegründetes Fintech-Unternehmen mit Sitz in London, das sich auf KI-gestützte alternative Daten und Sentiment-Analysen für Handel und Investment spezialisiert hat. Sie revolutionierten das Online-Trading mit visuellen News- und Sentiment-Tools und führen den Markt weiterhin mit alpha-generierenden alternativen Daten und hochgradig interaktiven Trading-Tools auf Basis neuester KI-Forschung an.
Read More

LIVE QUOTES

Name / Symbol
Chart
% Change / Price
GBPUSD
1 D change
+0%
0
EURUSD
1 D change
+0%
0
USDJPY
1 D change
+0%
0

ALL ABOUT FOREX

Entdecken Weitere Tools
Trading‑Akademie
Entdecken Sie eine große Auswahl an Lernartikeln zu Handelsstrategien, Markteinblicken und finanziellen Grundlagen – alles an einem Ort.
Mehr erfahren
Kurse
Entdecken Sie strukturierte Trading‑Kurse, die Ihr Wachstum in jeder Phase Ihrer Handelsreise unterstützen.
Mehr erfahren
Webinare
Nehmen Sie an Live‑ und On‑Demand‑Webinaren teil, um in Echtzeit Markteinblicke und Handelsstrategien von Branchenexperten zu erhalten.
Mehr erfahren