NZD/USD Forex Forecasts - Forex Trading Forecasts

NZD/USD (New Zealand Dollar/US Dollar) currency pair is not the most popular, but much sought-after instrument which accounts for a little less than 10% of the total market volume. The rate of this currency pair is influenced by such factors as: general market trend, demand for natural resources, and difference of rates in the two countries. You can check a weekly forecast for this currency pair, also known as "kiwi", in this section. NZDUSD forecast for tomorrow is prepared by analysts with expert knowledge and sound trading experience.

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The pair is still in a downward channel

The recovery from monthly lows seemed to be over. The buying momentum stalled at 0.6915 which appeared to be a pivot...

Exness
NZDUSD remain bullish

Buy above 0.6985. Stop loss at 0.6934. Take profit at 0.7092...

FxPro
NZD/USD Hovers Around Support

NZD/USD has retraced substantially since March 21st, as it was nearing the short-term major resistance level at 0.7100...

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NZDUSD dropping perfectly from our selling area

Price has reached our selling area as expected and is seeing a nice bearish reaction below 0.7065 resistance (Fibonacci retracement, Fibonacci extension) where we expect a drop to at least 0.6968 support (Fibonacci retracement, recent swing low support)...

NZDUSD Tests Key Support Post Fall on Dovish RBNZ

On the 4 hourly chart, the level at 0.7300 was broken by a long bearish candle on 8th Feb. The level has turned into the near term major resistance...

NZDUSD profit target reached, prepare to sell again

Price has dropped nicely and reached our profit target perfectly. We continue to sell below resistance at 0.7145 (previous support turned resistance, Fibonacci retracement) for a push down to 0.7068 (Fibonacci projection, Fibonacci retracement, horizontal swing low support)...


NZDUSD dropping nicely, remain bearish

Price dropped nicely from our previous selling area and we remain bearish below 0.7143 resistance (Fibonacci retracement, horizontal resistance) for a drop to at least 0.7045 (Fibonacci retracement, Fibonacci projection, horizontal overlap support)...

NZDUSD profit target reached again, remain bearish

Price dropped perfectly from our selling area to our profit target for the sixth time in a row. We now look to sell on strength below 0.7154 resistance (Fibonacci retracement, ascending resistance pullback) for a further drop to 0.7046...

NZDUSD profit target reached, prepare to turn bullish

Price dropped perfectly and reached our profit target from yesterday. We turn bullish above 0.7091 support (Fibonacci retracement, ascending support, swing low support) for a push up to at least 0.7150...

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NZD/USD pair traded flat within a tight range

The upward momentum seems to have run out of steam. There is potential to move towards 0.7250 once the immediate support represented by the 0.7300 level is taken out. Conversely, if the resistance around 0.7350 breaks, then a move up towards 0.7400 could be the next stop...

NZ economy lifts on data

The New Zealand dollar has managed to claw back some of it's earlier losses as the strong dollar starts to wane, and as economic data out of New Zealand continues to be a mixed back but mostly bullish...

How much kiwi appreciation can RBNZ tolerate

With the focus being almost entirely on the issue of Brexit and the pound this week - perhaps rightly so - traders should not lose sight of many other tradable opportunities that will present themselves in the interim...


Load up weights in NZD/USD option

Markets have been focused on the NZ trade balance and budget. NZ April 2016 Merchandise Trade prints positive numbers that drives NZD's strength for the moment. Balance: $292m (Market f/c: $117m)...

NZD/USD clears major resistance zone

A surprise rate cut from the RBNZ a couple of weeks ago was enough to send the New Zealand dollar tumbling by a couple of hundred pips. However, there was no further follow-through in the selling pressure once the Kiwi reached the key 0.6600 support area...

NZD/USD: inflation expectations has dropped

Although retail sales in New Zealand had grown in Q$ (1.2% against the forecast of 1.4% and 1.5% in the previous quarter), the pair NZD/USD fell earlier this morning. According to reported released by the Reserve Bank of New Zealand...

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NZDUSD: consolidation in the range of 0.6639-0.6697

As the situation in the commodity markets stabilizes, investors turn their attention to the high-yielding currencies once again. At present, the yield spread between 10-year government bonds in New Zealand and the United States is 122 bps, which supports the Kiwi...

NZD/USD: fall resumed

Yesterday the pair continued falling amid growing anxiety on the market due to resumed fall in oil prices and the Asian stock markets. At the same time, the US Dollar remains under pressure prior to the Fed Interest Rate Decision that is due tomorrow...

NZD/USD: pair grew on January 21, 2016

Yesterday the pair strengthened showing volatile trade during the day. The NZD was pressured by data on the Consumer Price Index for the fourth quarter of 2015 from New Zealand that grew by only 0.1% against the previous month, while economists predicted a 0.4% growth...


NZD/USD: general review for January 20, 2016

Yesterday the pair significantly fell amid the publication of poor data on the Consumer Price Index in New Zealand. In the fourth quarter of 2015, the index fell to 0.1% while economists predicted a 0.4% growth...

NZDUSD Update, Short Term Price to Bounce Higher

The macro backdrop for the Kiwi (NZD) remains bearish with recent data showing weak credit card retail sales in New Zealand, along with the risk off global sentiment that kicked off the start of the year, the currency has been kept under pressure...

NZD/USD: pair under pressure

The pair keeps being pressured by strengthening US Dollar that was significantly supported after the publication of strong labour market statistics in the US that came out on Friday. According to the Bureau of Labor Statistics...


NZD/USD bulls are starting the New Year’s celebration early

Over the last week, we have written about the early signs of a potential bottom forming in AUD/USD (see here and here for examples), but we haven’t taken a close look at the Aussie’s antipodean brother NZD/USD, even though the kiwi appears to be a few days ahead...

NZD/USD: pair fell

Yesterday the pair showed high volatility but closed at opening levels. However, today the pair started falling despite the publication of quite strong macroeconomic data in New Zealand, where the GDP for the third quarter of the year grew by 0.9%, against a 0.3% growth in the previous quarter...

The Kiwi is eyeing the level of $0.6890

Today forecasts made by the Minister of Finance of New Zealand have supported the Kiwi. He noted that the country GDP will slow down to 2.1% in Q1 2016, but the growth rate will be 2.7% at average in the next 5 years...


NZD/USD: pair is strengthening

Towards the end of the week, the pair substantially grew. The pair was unexpectedly supported by the RBNZ decision on interest rates made on Wednesday. As was forecasted, the rate was cut by 25 basis points to 2.5% that caused a sharp growth in the pair...

NZDUSD: consolidation below the level of 0.6788

As expected, the RBNZ lowered its key interest rate by 25 bps to 2.50%. The market's reaction was quite unusual - the exchange rate of the Kiwi rose. The regulator's remark that this reduction will be sufficient to achieve the inflation target (in the medium term) has supported the NZD/USD pair...

NZD/USD: decline at the end of the week

On Thursday, the NZD/USD was trading slightly down. The volatility was very low due to celebrations of a Thanksgiving Day in the US...


NZD/USD: Fibonacci analysis

On the 4-hour chart, the price is trying to rebound from the level of 0.6454. A breakout of the level of 0.6500 would allow the pair to grow to 0.6550 (23.6% correction). However, in the medium-term more likely seems to be a breakdown of the level of 0.6454 and a fall continuation...

NZD/USD: pair in flat

The NZD/USD pair finished last week with choppy trading and remained near its local lows at 0.6500. On Thursday, in her speech Fed’s Chair Janet Yellen confirmed that monetary policy tightening in the US could happen at the December meeting of the regulator...

NZDUSD: growth against the background of a slowdown in the business activity in China

The October data on foreign trade and inflation in China indicate a slowdown of the economic activity in the world's second largest economy, which has a negative impact on the commodity currencies, including the Kiwi...


  


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