NZDUSD Forex Analysis - Retest & Failure At 0.5985 Monthly Resistance

Join Senior Market Strategist & Trading Mentor Duncan Cooper as he watches price levels on the NZDUSD daily and 15-minute charts.

Join Senior Market Strategist & Trading Mentor Duncan Cooper as he watches price levels on the NZDUSD daily and 15-minute charts.

Price rallied back to test the 0.5985 monthly resistance level yesterday.

Watching for price to rally and fail at the 0.5985 monthly resistance level for a further decline targeting the 0.5896 daily support level.

This content may have been written by a third party. ACY makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or other information supplied by any third-party. This content is information only, and does not constitute financial, investment or other advice on which you can rely.

ACY Securities
Tipo: STP, ECN, Prime of Prime, Pro
Reglamento: ASIC (Australia), FSCA (South Africa)
read more
Pound Holds Ahead of Inflation Data | 19th August 2025

Pound Holds Ahead of Inflation Data | 19th August 2025

Gold holds near $3,338 as traders eye Powell’s Jackson Hole remarks, while silver struggles below $38.00 amid fading safe-haven demand. GBP/USD steadies around 1.3500 ahead of UK CPI, with stronger GDP offering support. NZD/USD firms near 0.5925 as markets await the RBNZ decision, while USD/CNY stays anchored after a slightly weaker PBoC fix. Key central bank signals remain in focus.
Moneta Markets | hace 24
Precious Metals Steady, USD Holds Firm Against Majors | 18th August 2025

Precious Metals Steady, USD Holds Firm Against Majors | 18th August 2025

Gold steadies near $3,330 as strong US PPI caps safe-haven flows, while silver consolidates around $38.25 with bulls eyeing $38.75. GBP/USD holds near 1.3555 ahead of UK CPI, as dollar strength limits upside. NZD/USD stays around 0.5930 with RBNZ risks looming, while USD/CNY eases after a firmer PBoC fix. Markets await Trump–Zelenskiy talks and key data for direction.
Moneta Markets | hace 25