This NZDUSD analysis reviews the currency pair from technical and fundamental aspects. It also features trend examination, price forecasts, support and resistance levels, and trading signals.
We update this page daily to ensure you have the latest information by covering the price changes.
NZDUSD Analysis & Live Chart
NZDUSD Fundamental Analysis
Bloomberg—The New Zealand dollar slipped to about $0.594 on Friday, ending a week-long rally and retreating from recent highs, as markets factored in the possibility of policy easing by the Reserve Bank of New Zealand.
This decline followed quarterly inflation figures that exceeded forecasts overall, though underlying inflation showed signs of cooling. With inflation still aligned with the central bank’s target, traders expect a rate cut in May and project the cash rate could fall to 2.75% by the end of the year.
At the same time, attention has turned to U.S. trade policy, a key concern for New Zealand due to its export-heavy economy and close ties with China. Optimism grew after President Trump said a trade agreement with China might be finalized in the coming weeks. Despite the dip, the Kiwi is poised for a second straight week of gains.
NZDUSD Technical Analysis
FenzoFx—NZDUSD closed below 0.5944 in today’s trading session and is currently stabilizing below this level. This decline was expected, as the Stochastic Oscillator signaled overbought conditions, and the RSI 14 demonstrated a bearish divergence on the 4-hour chart.
Overall, the technical indicators suggest that while the primary trend is bullish, the New Zealand dollar is overpriced against the greenback. Therefore, the price is expected to go through a consolidation phase, which could result in the pair dipping toward lower support levels.
Please be advised that joining a bull market when the price is too expensive is not recommended. Traders and investors should wait for the consolidation phase to end.
In this scenario, the 0.5855 and 0.5791 support levels can provide a decent bid to join the bull market. Watch these levels for bullish signals, such as candlestick patterns.
NZDUSD Support and Resistance Levels
| Support | 0.5855 | 0.5791 | 0.5733 |
| Resistance | 0.5944 | 0.6035 | 0.6109 |
Market Trends Through Technical Indicators
The widget below calculates NZD/USD trends using multiple indicators, such as moving averages and oscillators. It allows you to easily review market trends across various timeframes.
The larger the timeframe, the more accurate the signals tend to be. Integrating this widget into your strategy and considering our fundamental news can help you make well-informed decisions.
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