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NZD/USD Forecast - Page 3


New Zealand dollar is growing quite well
New Zealand dollar is growing quite well

New Zealand dollar is growing successfully in pair with its US counterpart, using outer stimuli. The current quotation is 0.7051. The unemployment...

4 Aug 2021RoboForex

NZD/USD reverses an intraday dip, holds steady around 0.7000 mark
NZD/USD reverses an intraday dip, holds steady around 0.7000 mark

The NZD/USD pair quickly bounced around 15-20 pips from daily lows and was last seen trading with only modest losses, just above the key 0.7000 psychological mark...

30 Jul 2021FXCM

The NZD emerges as a potential superstar
The NZD emerges as a potential superstar

In a world where central bank divergence matters, the RBNZ have just put their head above the precipice and offered a green light for traders to buy the NZD...

14 Jul 2021Pepperstone

NZDUSD H4: Bullish sentiment on the rise
NZDUSD H4: Bullish sentiment on the rise

The Kiwi pair on the H4 time frame was in a downward spiral until 2 July when a lower bottom was reached at 0.69465. Bulls found the price attractive and demand...

5 Jul 2021FXTM

NZD/USD break below the 0.6925 low to expose the 0.68 mark
NZD/USD break below the 0.6925 low to expose the 0.68 mark

Economists at Westpac are bearish for the week ahead on the kiwi, expecting the 0.6925 low formed on 18 June to be tested. US payrolls are the main risk event near-term...

1 Jul 2021FXCM

NZD/USD climbs to fresh session tops, back closer to 0.7100 mark
NZD/USD climbs to fresh session tops, back closer to 0.7100 mark

The NZD/USD pair edged higher through the early European session and climbed to fresh daily tops, around the 0.7085 region in the last hour. The pair caught some...

28 Jun 2021FXCM

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Even though NZ GDP leaps higher, bears still dominate the Kiwi
Even though NZ GDP leaps higher, bears still dominate the Kiwi

New Zealand's GDP increased 1.6% in the first quarter of 2021 following a revised 1.0% contraction in the previous period and compared to market expectations of a 0.5%...

18 Jun 2021HFM

Scope to slide below 0.70 towards the 0.6945 mark
Scope to slide below 0.70 towards the 0.6945 mark

FOMC's hawkish shift is set to dominate the strong NZ GDP data near-term. Economists at Westpac target NZD/USD at 0.7000 next week, with potential...

17 Jun 2021Octa

NZDUSD recoups some of the strong losses
NZDUSD recoups some of the strong losses

NZDUSD plummeted in a new one-month low around 0.7124 in the preceding sessions, however, it is currently trying to recoup some of the losses. The RSI is gaining...

4 Jun 2021XM

NZDUSD still bullish, edges toward tentative uptrend line
NZDUSD still bullish, edges toward tentative uptrend line

NZDUSD has found a toehold on the mid-Bollinger band, a tad beneath the 0.7239 level, which happens to be the 23.6% Fibonacci retracement of the up leg...

2 Jun 2021XM

Kiwi jumps as RBNZ flags stimulus exit
Kiwi jumps as RBNZ flags stimulus exit

The Reserve Bank of New Zealand took its first step to exit the pandemic-era stimulus on Wednesday, projecting a rate hike by September 2022 and an end to its large-scale...

26 May 2021XM

Bulls keep their eyes on 0.7280
Bulls keep their eyes on 0.7280

The NZD/USD moves in the previous day's trading range and consolidates near the higher levels. The pair is accumulating in a 30-40 pips trading band...

19 May 2021Octa

NZDUSD prepares for footing or tumble; gains questioned
NZDUSD prepares for footing or tumble; gains questioned

NZDUSD has deflected off the 0.7306 high and is currently tackling the 0.7239 level, which happens to be the 23.6% Fibonacci retracement of the up leg...

12 May 2021XM

NZDUSD fails to progress as bullish drive dwindles
NZDUSD fails to progress as bullish drive dwindles

NZDUSD has hit a snag as upside momentum appears to have evaporated, indicating that the pair may struggle to further extend its recent bounce off the uptrend...

7 May 2021XM

NZDUSD pauses upside structure in near term
NZDUSD pauses upside structure in near term

NZDUSD is heading slightly up after the bounce off the 0.6940 support, hovering near the bullish crossover within the 20- and 40-day simple moving averages...

5 May 2021XM

NZD/USD struggles for direction, holds steady above mid-0.7100s
NZD/USD struggles for direction, holds steady above mid-0.7100s

NZD/USD met with some fresh supply on the first day of a new trading week. A subdued USD demand, the risk-on mood helped limit losses for the major...

3 May 2021Octa

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NZDUSD bulls lose energy as key barriers arise
NZDUSD bulls lose energy as key barriers arise

NZDUSD has been struggling to surpass the wall composed by the squeezed Ichimoku cloud and the 23.6% Fibonacci of the 0.6510 - 0.7463 up leg at 0.7238...

28 Apr 2021XM

NZDUSD recoups losses but resistance zone silences ascent
NZDUSD recoups losses but resistance zone silences ascent

NZDUSD has recoiled to the red Tenkan-sen line at 0.7159 after its recent aggressive positive impetus hit a minor snag at the resistance section of 0.7180-0.7200...

16 Apr 2021XM

NZDUSD bears relax but bearish risks linger
NZDUSD bears relax but bearish risks linger

NZDUSD's negative impetus has abated slightly after a strong plunge and sellers seem to have taken the bench for a breather. The 200-day simple moving average...

31 Mar 2021XM

NZD/USD trades with modest losses, remains below 0.7000 mark
NZD/USD trades with modest losses, remains below 0.7000 mark

NZD/USD witnessed some fresh selling and eroded a part of Friday’s goodish recovery move. A softer risk tone benefitted the safe-haven USD and weighed...

29 Mar 2021Octa

Kiwi awaits New Zealand's GDP data as crisis fades
Kiwi awaits New Zealand's GDP data as crisis fades

Economic growth figures for Q4 out of New Zealand will hit the markets at 21:45 GMT Wednesday. Forecasts suggest that the economy has recovered...

17 Mar 2021XM

NZDUSD under heavy strain, sellers try to suppress ascent
NZDUSD under heavy strain, sellers try to suppress ascent

NZDUSD has found a foothold at the 0.7098 barrier that happens to be the 38.2% Fibonacci retracement of the up leg from 0.6510 until 0.7464, which...

10 Mar 2021XM

NZDUSD deteriorates below MAs
NZDUSD deteriorates below MAs

NZDUSD bounced on the upper band of the key support section of 0.7134-0.7156, only to plunge towards the 0.7139 obstacle. This encapsulated...

5 Mar 2021XM

NZDUSD rebounds off uptrend line; flirts with 0.73
NZDUSD rebounds off uptrend line; flirts with 0.73

NZDUSD is continuing the rebound off the ascending trend line, overcoming the 20- and 40-day simple moving averages (SMAs) and moving towards 0.7300. The short-term...

3 Mar 2021XM

NZDUSD maintains upside potential, but some caution grows
NZDUSD maintains upside potential, but some caution grows

NZDUSD sped up beyond its January's peak after breaking above a symmetrical triangle, with the price charting a fresh 34-month high of 0.7382 on Wednesday...

24 Feb 2021XM

Kiwi rally stalls but will the RBNZ risk taking another hawkish turn?
Kiwi rally stalls but will the RBNZ risk taking another hawkish turn?

The Reserve Bank of New Zealand will hold its first policy meeting of the year on Wednesday, with an announcement expected at 01:00 GMT, followed...

19 Feb 2021XM

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NZDUSD finds resistance at 0.7245
NZDUSD finds resistance at 0.7245

NZDUSD is moving in a horizontal trajectory over the last five weeks, slightly above the 20- and 40-day simple moving averages (SMAs) and the ascending trend line...

17 Feb 2021XM

NZDUSD waits for a triangle breakout
NZDUSD waits for a triangle breakout

NZDUSD continues its consolidation phase inside a symmetrical triangle and below the 33-month high of 0.7314. While the price is looking set for another...

5 Feb 2021XM

Can employment data break the kiwi's holding pattern?
Can employment data break the kiwi's holding pattern?

New Zealand's jobs numbers for Q4 will hit the markets at 21:45 GMT Tuesday. The unemployment rate is expected to rise, but mostly for "healthy" reasons...

3 Feb 2021XM

NZDUSD consolidates but senses improvements
NZDUSD consolidates but senses improvements

NZDUSD is finding some support from the flattening Ichimoku lines while primarily creeping sideways, after the small pullback from the multi-year high of 0.7314...

27 Jan 2021XM


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