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 climbed to \$0.607 on Monday, nearing its highest level in eight months. This move came as the US dollar weakened due to a dovish Federal Reserve stance and concerns about the country’s fiscal health.
Traders also looked ahead to upcoming US employment data, which could show signs of a cooling labor market and increase expectations for a rate cut in July.
Positive developments in global trade talks added to the upbeat mood. The US finalized a trade agreement with China and hinted that more deals with major partners could follow soon. These steps supported risk sentiment and helped boost the kiwi dollar.
However, gains were limited after fresh data from China raised concerns. While the services sector and private PMI numbers improved to three-month highs, the manufacturing sector continued to shrink for a third straight month.
This slowdown, along with lingering deflation worries, could hurt New Zealand’s export prospects due to its strong trade links with China.
On the domestic front, New Zealand’s business confidence showed signs of recovery. The ANZ Business Outlook Index rose to 46.3 in June from 36.6 in May, the first increase since February. The improvement came as global tariff pressures eased, lifting business sentiment.
NZDUSD Technical Analysis
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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