EUR/NZD Live News

This page provides live coverage and news analysis on the EUR/NZD currency pair

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Jun. 25, 2024

Mixed sentiment sees EUR/NZD currency pair ending the session broadly flat; establishes tight 1.7475 to 1.7562 range

Live - Updated 13 minutes ago.

After dipping down to 1.7475, EUR/NZD regains earlier losses and goes up to 1.7522.

EUR/NZD made an initial breakout above its 21 day Simple Moving Average at 1.7543, a potential indicator of a newly emerging bullish phase. In contrast, EUR/NZD could be slowing down soon; it is getting close to the resistance line and is now at 1.757, only 48 pips away. Crossing the resistance line could, however, suggest that further gains are ahead.

Overall, looking at the technical analysis landscape, it seems EUR/NZD might continue pointing upwards in the short term.

Elsewhere, other currency pairs are also gaining ground as USD/SGD ascends 0.2% to trade around 1.3551. Having closed the previous session at 0.8926, USD/CHF is up 0.26% today to currently trade at around 0.8949.

While EUR/NZD is up today, these currencies are lagging behind: EUR/USD retreats 0.32% to trade around 1.0702.

Trading mostly sideways for a month. EUR/NZD has shed 62.5% over the past three months.

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Week to date

Stalemate for EUR/NZD bulls and bears .

Trading week at a glance - EUR/NZD is up to 1.7522, after closing yesterday at zero. Overall, a 0% move or 17,521 pips this week. (Trade EUR/NZD with FXTM now).