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On August 23, according to the Haikou Daily, the 2026 Hainan Cross-border Computing Power Industry Development Conference was held in Haikou on August 21. At the conference, the Haikou National High-tech Industrial Development Zone Management Committee and H3C Technologies Co., Ltd. signed a strategic cooperation framework agreement to jointly promote the implementation of the Haikou International Turing Town plan. The Hainan Token Industry Ecosystem Alliance was also launched, and Tsinghua Unigroup Yaochen (Hainan) Intelligent Manufacturing Co., Ltd. was unveiled. This is a key step for Haikou in leveraging the advantages of the Free Trade Port policy to develop cross-border computing power, AI hardware manufacturing, and the digital industry ecosystem. According to the agreement, Turing Town will be located in Haikou National High-tech Industrial Development Zone, and the two parties will cooperate in five major areas: cross-border computing power services, digital industry ecosystem, industrial investment and operation, industry-education talent cultivation, and computing power hardware manufacturing.The secretary of Irans Supreme National Security Council said that Iran has shipped out 70 million barrels of oil in just the past month or two.August 23 - According to Lighthouse Pro, the film "Welcome to Dragon Restaurant" has grossed over 1.496 billion yuan, entering the top five of the 2026 box office chart.According to the Washington Post, the number of U.S. soldiers wounded or killed in the war with Iran has risen to 774.On August 23, the Syrian transitional government issued a statement strongly condemning Israels use of drones to attack a civilian vehicle in the Beitkin district of Damascuss rural province, Syria, on August 22, which injured several civilians.

NZD/USD Price Analysis: Protects NZ Inflation-Induced Support Break; 0.6140 in Sight

Daniel Rogers

Apr 20, 2023 13:51

 NZD:USD.png

 

During the mid-Asian session on Thursday, NZD/USD bears maintain control at the lowest levels in five weeks while defending New Zealand (NZ) losses caused by inflation near 0.6160. This justifies not only the weaker-than-anticipated New Zealand inflation, but also the recent break of one-month-old horizontal support, which is now immediate resistance, as well as the bearish MACD signals.

 

As measured by the Consumer Price Index (CPI), the Reserve Bank of New Zealand (RBNZ) policy purists were unpleasantly surprised by New Zealand's (NZ) first-quarter (Q1) inflation. Despite this, the Quarter-over-Quarter change in the New Zealand Consumer Price Index (CPI) decreases from 1.7% and 1.4%, respectively, to 1.2%.

 

Following the publication of disappointing data, the NZD/USD pair breached a one-month-old horizontal support level, which is now acting as a barrier near 0.6170. The bearish MACD signals are now directing NZD/USD traders toward a horizontal support level that has been in place for 1.5 months and is located near 0.6140.

 

If the NZD/USD bears remain dominant above 0.6140, the 2023 low of 0.6085 cannot be ruled out.

 

The 200-day simple moving average hurdle of 0.6220 becomes crucial for NZD/USD investors to return.

 

If the NZD/USD pair remains above 0.6220, a run up to the previous weekly high around 0.6315 and then to the monthly high of 0.6386 cannot be ruled out.


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