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NZD/USD Forecast - Page 4


NZDUSD fluctuates around MAs but upside risks remain
NZDUSD fluctuates around MAs but upside risks remain

NZDUSD's slide back under the 100-period simple moving average (SMA) at 0.7196 seems to have cemented the price within the confines of 0.7082-0.7240...

22 Jan 2021XM

NZD/USD to aim April 2018 high at 0.7395
NZD/USD to aim April 2018 high at 0.7395

NZD/USD is taking a short-term breather after its strong surge, with key resistance now seen at 0.7306/15, analysts at Credit Suisse inform. With the core uptrend...

7 Jan 2021Octa

NZDUSD exhibits sturdy bullish bias, upside pressure persists
NZDUSD exhibits sturdy bullish bias, upside pressure persists

NZDUSD is in the process of pushing past the fresh 32-month peak of 0.7171 after having recently found some traction off the blue Kijun-sen line. All the simple...

30 Dec 2020XM

NZD/USD clings to small daily gains above 0.7100
NZD/USD clings to small daily gains above 0.7100

NZD/USD is rising modestly in quiet trading day. US Dollar Index is edging lower toward 90.00. Brexit-related headlines could impact USD's market valuation on Christmas Eve...

25 Dec 2020Octa

NZD/USD extends daily slide toward 0.7100 on modest DXY rebound
NZD/USD extends daily slide toward 0.7100 on modest DXY rebound

NZD/USD is staging a correction following Thursday's upsurge. US Dollar Index recovers toward 90.00 during European session. Business confidence...

18 Dec 2020Octa

NZDUSD restores bullish momentum, uptrend solid and intact
NZDUSD restores bullish momentum, uptrend solid and intact

NZDUSD pivoted higher early on Wednesday and towards its 32-month top of 0.7100, refusing to abandon the 0.7000 area for the time being...

10 Dec 2020XM

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NZDUSD pulls under Ichimoku lines
NZDUSD pulls under Ichimoku lines

Nevertheless, the short-term oscillators are echoing clues that a deeper negative retracement could unfold before the climb resumes. The MACD, after hovering for...

4 Dec 2020XM

NZD/USD stays in consolidation phase above 0.7050 ahead of US data
NZD/USD stays in consolidation phase above 0.7050 ahead of US data

NZD/USD is fluctuating in a tight range below 0.7100 on Thursday. US Dollar Index remains under modest bearish pressure around 91.00. Eyes on Initial Jobless Claims...

3 Dec 2020Octa

NZD/USD to advance nicely above 0.70
NZD/USD to advance nicely above 0.70

Economists at Westpac see potential for further gains above 0.7000 over the next few days, although the NZD/USD rally is getting stretched...

25 Nov 2020Octa

NZDUSD advances past critical 0.6800 mark
NZDUSD advances past critical 0.6800 mark

NZDUSD's newfound strength off the 100-day simple moving average (SMA) has prodded the pair above the tough 0.6800 boundary, resulting in a twenty month high...

12 Nov 2020XM

RBNZ set to launch new lending programme
RBNZ set to launch new lending programme

The Reserve Bank of New Zealand is due to announce its latest policy decision on Wednesday (01:00 GMT) and will present its updated forecasts in the Monetary Policy...

10 Nov 2020XM

NZDUSD rebounds off lower bound of ascending channel
NZDUSD rebounds off lower bound of ascending channel

NZDUSD is holding beneath the 200-period simple moving average (SMA) inside the upward sloping channel in the 4-hour chart. In momentum indicators, the RSI...

30 Oct 2020XM

NZDUSD finds strong resistance at 0.6670
NZDUSD finds strong resistance at 0.6670

NZDUSD has been in a horizontal trajectory over the last three weeks within the 0.6520 and 0.6670 barriers. Currently, the pair is holding above the 20- and...

14 Oct 2020XM

NZDUSD Daily: Bears back on the battlefield?
NZDUSD Daily: Bears back on the battlefield?

NZDUSD on the D1 time-frame was in an extended uptrend until 18 September when a higher top was recorded at 0.67962. Supply pressure then toppled the bulls...

28 Sep 2020FXTM

NZDUSD keeps bullish bias intact; next resistance at 0.6787

NZDUSD printed another higher low around the ascending trendline drawn from the March lows and its shorter-term simple moving averages (SMA), further strengthening...

16 Sep 2020XM

NZDUSD hovers in Ichimoku cloud; gains some ground

NZDUSD looks to be creating a floor inside the Ichimoku cloud and above the 200-period simple moving average (SMA). The RSI indicator is ticking marginally...

11 Sep 2020XM

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NZDUSD bullish at 8-month top of 0.6787

NZDUSD is continuing last week's rebound with strong momentum, reaching eight-month highs at 0.6787 today and at the same time confirming the bullish tendency again...

2 Sep 2020XM

NZDUSD retraces under 50-day SMA

NZDUSD has faded below the 50-day simple moving average (SMA) from a fresh seven-month high of 0.6714, somewhat stalling the bullish picture. However, the strengthening...

26 Aug 2020XM

Back above key level of 0.6520, shaking out weak bears?

NZD/USD's 4-hour chart shows failed head-and-shoulders breakdown. The market may be crowding out weak bears. NZD/USD is trading near 0.6540 at press time...

21 Aug 2020Octa

Break of 0.6550 can confirm falling wedge on 4-hour chart

NZD/USD trims early-day losses while bouncing off 0.6529. The bullish pattern's break will target 200-bar SMA as immediate resistance. 61.8% of Fibonacci retracement...

17 Aug 2020Octa

NZDUSD dips beneath 5-month uptrend line

NZDUSD has declined beneath the five-month ascending trend line and the 40-day simple moving average (SMA), indicating a downside pullback. The momentum indicators...

12 Aug 2020XM

RBNZ Announces Expansion & Extension of Bond Purchases

The Reserve Bank of New Zealand announced the Fed interest rate decision until August 12. The Federal Reserve announced that it would maintain its benchmark...

12 Aug 2020HFM

NZD/USD drops to fresh weekly lows below 0.6600

NZD/USD trades at its lowest level since August 3 below 0.6600. US Dollar Index extends recovery beyond 93.50 on Monday. Disappointing business sentiment...

10 Aug 2020Octa

Jump in New Zealand unemployment may curb soaring kiwi

New Zealand's jobless rate is expected to have surged to a 7-year high in the June quarter as employers struggle to maintain staff numbers in the face of...

4 Aug 2020XM

NZDUSD bulls may take a breather in short-term

NZDUSD pierced the 0.6700 whole number before inching down on Tuesday, stretching its upward pattern to an almost 8-month high. With the RSI having...

29 Jul 2020XM

NZDUSD touches new 6-month high; bullish picture

NZDUSD is recording a stunning rally over the last couple of days towards the fresh six-month high of 0.6665, holding above the four-month ascending trend line...

22 Jul 2020XM

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NZDUSD remains trapped in sideways market

NZDUSD is fixed around the steadied Ichimoku lines and 50-period simple moving average (SMA) as it continues to drift in a one-month horizontal formation...

17 Jul 2020XM

NZDUSD attempts to restore positive sentiment

NZDUSD appears to be strengthening after finding a footing on the 40-period simple moving average (SMA), which may enhance the very short-term neutral-to-bullish...

10 Jul 2020XM

NZDUSD retests 4-month peak, creating double top

NZDUSD touched the four-month peak of 0.6580 for the second time over the last month. The momentum indicators, though, are currently suggesting...

8 Jul 2020XM

NZDUSD consolidates recent gains

NZDUSD’s positive picture appears to withstand negative pressures, glued just under the 50- and 100-period simple moving averages (SMAs) and holding...

26 Jun 2020XM


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