- Analytics
- News and Tools
- Market News
- NZD/USD now moved into a consolidative phase – UOB
NZD/USD now moved into a consolidative phase – UOB
NZD/USD is now seen navigating within the 0.7125-0.7225 range in the near term, suggested FX Strategists at UOB Group.
Key Quotes
24-hour view: “We expected NZD to trade between 0.7140 and 0.7190 yesterday. NZD subsequently traded between 0.7161 and 0.7200. Momentum indicators are mostly neutral and NZD is likely to trade sideways. Expected range for today, 0.7155/0.7200.”
Next 1-3 weeks: “There is not much to add to our update from yesterday (01 Nov, spot at 0.7170). As highlighted, NZD has moved into a consolidation phase and is likely to trade between 0.7125 and 0.7225 for now.”
© 2000-2025. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
