NZD/USD rises while Trump tells Ukraine’s conversations, lowering Moody pulled the US dollar

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MOODY reduces the American credit rating, providing the dollar twice.
Trump announces Russia-Ukraine negotiations.
Inflation expectations rise in New Zealand, but price reduction is still expected.

The NZD/USD husband climbs at the beginning of the week, trading around the level of 0.5900 after President Donald Trump claimed credit for restarting Russia-Ukraine’s peace conversations. While Trump’s declaration has reduced geopolitical tensions, the US dollar remains compressed near 100.30, after lowering the classification by Moody from AAA to AA1, pointing to concerns about the deterioration of the United States. This renewed pressure on Greenback Kiwi has supported, which also directs strength from high inflation expectations in New Zealand.

US President Donald Trump announced through social truth that Russia has agreed to return to stop talks with Ukraine. Trump stated that both parties will start negotiations immediately, adding that the large trade between the United States and Russia can resume after the war. Meanwhile, the Vatican offered to host peace negotiations.

The US dollar index is declining about 100.30 after MOODY classification of American sovereignty classification. The agency highlighted that the United States no longer maintains sufficient financial standards to justify a first -class classification. This classification has increased the risk installments on the debts of the United States, which may limit the FBI room to reduce prices in the short term. Many Federal Reserve officials have stated that clarity on economic expectations may not reach summer, and the price of merchants is now about 75 basis points of price cuts over the next 12 months.

In New Zealand, inflation forecast in the second quarter reached 2.3 % of 2.2 % in the first quarter. Nevertheless, the markets still expect the Reserve Bank in New Zealand to reduce the official cash price by 25 basis points later this month, with an expected station rate of 2.75 % by the end of the year.

Technical analysis

NZD/USD displays a bullish signal, trades around a 0.5900 area and shows a sharp rise today. The pair sits in the middle of the minimum daily level of 0.5876 and a height of 0.5933. The RSI is hovering in the 1950s, indicating neutral conditions, while the MACD medium rapprochement signals sell momentum. The wonderful oscillator is circulating about scratch, indicating a neutral momentum, as well as the commodity channel index (20). % Stochastic % K (14, 3, 3) is found in the twenties, which also indicates neutral conditions.

While the simple 20 -day moving average (SMA) suggests a sale signal, SMAS for 100 days and 200 days offers purchase signals, which are in line with the purchase morale of the SIS for 10 days (EMA) and SMA for 10 days. Support levels are found near 0.5914, 0.5910, and 0.5905, while resistance is expected about 0.5925, 0.5932 and 0.5934. Fibonacci supports groups around 0.5300, 0.5500 and 0.5600, with resistance near 0.6000, 0.6200 and 0.6400.

The total signal is transmitted to the time frame for 4 hours, remains optimistic, supported by 4 -hour momentum (10) and 4 hours (12, 26), while random additions 4 K (14, 3, 3) are neutral. EMAS for 4 hours (10, 20) and SMAS (10 and 20) indicates a purchase signal.