NZDUSD Analysis
| Performance after Thursday | |||||
| Period | Pct | Chg | Momentum | ||
| Thursday | 0.99% | 59.8 Pips | |||
| Week to-date | 0.66% | 39.9 Pips |  |
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| June | 1.33% | 79.8 Pips | |
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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$)
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:
| R3 | 0.61789 |
| R2 | 0.61389 |
| R1 | 0.61179 |
| Daily Pivot | 0.60779 |
| S1 | 0.60569 |
| S2 | 0.60169 |
| S3 | 0.59959 |
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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