Get started

NZDUSD

NZDUSD Bullish breakout retestThe NZDUSD currency pair sentiment appears neutral, supported by the longer-term sideways consolidation trading range. The recent price action appears to be an oversold bullish flag pattern, however, it needs to be taken in consideration as a part of the longer-term sideways consolidation. This could be indicative of intraday Bulls and Bears fight for dominance. The key trading level is at 0.5600, the current swing low range from 12th February 2025. A continuation of the selling pressure below the 05625 level and a daily close below the 0.5600 support level could target additional downside support at 0.5550 followed by the 0.5517 and 0.5500 levels over the longer timeframe. Alternatively, an oversold rally from the current levels and a confirmed breakout above 0.5700 resistance and a daily close above that level would negate the bearish outlook opening the way for a further rally and a retest of 05735 resistance followed by 0.5760 levels. This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
by TradeNation
1
Next draw of liquidity: NzdUsd0.58083 is a weekly POI that have been respected before. I'm anticipating price to retest that zone again this week , hence anticipating the news (Existing Home Sales) by 10:00 New York time to push price to my point of interest and rejection kicks in. Therefore this weekly candle might close with a rejection of that zone and next week would be bearish till we clear this week low 0.56779 I'm anticipating price to also clear previous week low (the monthly low) 0.55164 by next month. Kindly boost if you find this insightful 🫴
Short
by HallowAdept
3
Bullish rise?NZD/USD has reacted off the resistance level which is a pullback resistance and could potentially rise from this level to our take profit. Entry: 0.5743 Why we like it: There is a pullback resistance. Stop loss: 0.5693 Why we like it: There is an overlap support level. Take profit: 0.5808 Why we like it: There is an overlap resistance that is slightly above the 161.8% Fibonacci extension. Enjoying your TradingView experience? Review us! Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Long
by VantageMarkets
Bearish reversal off pullback resistance?The Kiwi (NZD/USD) is rising towards the pivot and could reverse to the 1st support. Pivot: 0.5781 1st Support: 0.5743 1st Resistance: 0.5809 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Short
by ICmarkets
NZDUSD Cup Pattern: Bullish Breakout Targeting 0.60NZDUSD is currently trading at 0.57 and forming a classic cup pattern, signaling a potential bullish continuation toward the 0.60 target. The cup pattern is a well-known technical formation that typically indicates a period of accumulation, followed by a breakout to the upside. If the price breaks above the resistance level at the cup’s rim, it could trigger strong buying momentum, pushing NZDUSD higher. From a technical standpoint, the cup pattern suggests that the market has undergone a correction and is now regaining strength. A confirmed breakout above the neckline would validate the bullish setup, with 0.60 as the next major resistance level. Traders should watch for increasing volume and bullish candlestick confirmations to strengthen the breakout scenario. Fundamentally, the New Zealand dollar’s movement depends on risk sentiment, US economic data, and Reserve Bank of New Zealand (RBNZ) policies. If the US dollar weakens due to expectations of Federal Reserve rate cuts or softer economic data, NZDUSD could gain additional upside momentum. Additionally, any hawkish signals from the RBNZ regarding inflation and interest rates could further support the bullish outlook. In summary, NZDUSD is forming a bullish cup pattern, with a potential breakout targeting 0.60. A strong breakout above the resistance could accelerate the bullish move, supported by both technical patterns and fundamental factors. Traders should monitor global risk sentiment, US dollar trends, and RBNZ statements to confirm the momentum shift.
Long
by AndrewsMarket-Mastery
NZD/USD 1-Hour Chart Analysis –📊 NZD/USD 1-Hour Chart Analysis – Feb 20, 2025 🔹 Current Price: 0.57239 (-0.11%) 🔻 Recent High: 0.57324 🔻 Recent Low: 0.57031 🔴 200 EMA: 0.56935 (Acting as support) 🧐 Key Observations: ✅ Bullish Structure: The price has been trending upwards with higher lows, showing strength. ✅ Support Zone: A key support zone around 0.5720 - 0.5730 (highlighted in orange). ✅ Trendline Retest: Price is currently testing the support zone, potentially setting up for a bounce. 📉 Possible Scenarios: 🔹 Bullish Case: If buyers hold the support zone, a bounce toward 0.5740 - 0.5750 could be in play 🚀. 🔹 Bearish Case: A break below 0.5700 could lead to a deeper pullback towards 0.5670 - 0.5660 ❄️. 🎯 Trading Plan: 📌 Buy Setup: Look for confirmation (e.g., bullish candlestick patterns) around the orange support zone for long entries. 📌 Sell Setup: If the price breaks below 0.5700, consider short positions with targets around 0.5670. 🔥 Final Thoughts: The trend remains bullish unless we break below key support levels. Watch price action near the support zone for potential opportunities! 📢 Traders, what’s your take? Are we bouncing or breaking down? Let’s discuss! 👇💬 #NZDUSD #Forex
Long
by MrStellanSight
NZDUSD Ready for a Bullish MoveHello Traders In This Chart NZDUSD HOURLY Forex Forecast By FOREX PLANET today GBPUSD analysis 👆 🟢This Chart includes_ (NZDUSD market update) 🟢What is The Next Opportunity on NZDUSD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Long
by ForexMasters2000
NZDUSD Break & Retest – Bullish Continuation in Play?OANDA:NZDUSD has broken above a key resistance zone near 0.57000 and has now pulled back for a retest. This area previously acted as resistance and may now serve as support, aligning with a potential bullish continuation. If buyers confirm support at this level, the price is likely to move upward toward the 0.57860 level, which serves as a logical target for this setup. Conversely, a failure to hold support could signal a potential bearish shift. Traders should monitor for bullish confirmation signals, such as bullish engulfing candles, strong wicks rejecting the support zone, or increased buying volume, before considering long positions. Let me know your thoughts or any additional insights you might have!
Long
by DanieIM
1
RBNZ lowers rates by 50 bps, NZ dollar gains groundThe New Zealand dollar has posted gains on Wednesday.  NZD/USD is trading at 0.5721 in the European session, up 0.31% on the day. The Reserve Bank of New Zealand slashed the cash rate by 50 basis points, bringing the cash rate to 3.75%.  The markets had priced in the cut at 90% so there was no surprise at the jumbo cut.  This lowered the cash rate to its lowest level since Nov. 2022.  The RBNZ demonstrated again that it can be aggressive, as it has cut rates by 175 basis points since the easing cycle started last August. The New Zealand dollar is stronger on Wednesday, which is somewhat surprising, given the jumbo rate cut and the RBNZ's signal that further rate cuts are on the way in the coming months. The rate statement noted that the members were confident lowering rates as CPI remained near the midpoint of the 1%-3% target band.  At the same time, members expressed concern that economic activity in New Zealand and abroad were "subdued" which posed a risk to economic growth. The statement also made a brief mention of "trade restrictions" which could dampen economic growth.  No mention was made of US President Trump's tariff threats but policymakers are clearly concerned that US tariffs, even if not aimed directly at New Zealand, could chill the global economy and hurt the country's key export sector. In a follow-up press conference, Governor Adrian Orr said that the Bank expected to lower the cash rate to 3% by the end of the year.  This forecast was lower than the November projection of 3.2% by year's end.  The central bank is expected to deliver smaller rate cuts of 25-bps in the coming months. NZD/USD is testing resistance at 0.5713.  Above, there is resistance at 0.5731 0.5686 and 0.5668 and the next support levels
by OANDA
NZD/USD Strength Persists: Dips Remain Buying OpportunitiesOver the past two weeks, I have drawn attention to major USD pairs, suggesting that a reversal could be imminent and that an upside correction might follow the downtrend from the last quarter of 2024. NZD/USD is no exception. After finding strong support around the 0.5550 zone, the pair began to reverse to the upside. Following last week’s higher low, it broke resistance on Friday. After an initial correction and confirmation, bulls have regained control. I expect NZD strength to continue, and as long as 0.5650 holds, there is a high probability of a move toward 0.58 or higher. In conclusion, buying dips remains a favorable strategy, aiming for a risk-reward ratio of at least 1:2. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
Long
by Mihai_Iacob
Bullish continuation?The Kiwi (NZD/USD) has bounced off the pivot which acts as a pullback support and could rise to the pullback resistance. Pivot: 0.5691 1st Support: 0.5665 1st Resistance: 0.5753 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Long
by ICmarkets
Bullish bounce?NZD/USD is falling towards the support level which is a pullback support that is slightly above the 61.8% Fibonacci retracement and could bounce from this level to our take profit. Entry: 0.5664 Why we like it: There is a pullback support level that is slightly above the 61.8% Fibonacci retracement. Stop loss: 0.5606 Why we like it: There is a pullback support level. Take profit: 0.5745 Why we like it: There is a pullback resistance level. Enjoying your TradingView experience? Review us! Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Long
by VantageMarkets
NZDUSD OUTLOOKOn the monthly charts, we have a bearish outlook with signs of bullish correction. On the same monthly chart, we have a fresh order block indicating there is downside pressure. Lately, the Kiwi has come under a lot of pressure since China cut their interest rates. Presently we are anticipating a further weakening of the kiwi across the board caused by weakening economic data from China. On the daily charts, the Kiwi is set to form new lows confirming the medium term bearish trend as we wind down the year.
by morrisgitau
New Zealand dollar slips ahead of expected RBNZ cutThe New Zealand dollar is sharply lower on Tuesday.  NZD/USD is trading at 0.5700 in the North American session, down 0.62% on the day. The Reserve Bank of New Zealand meets on Wednesday for the first time this year.  The RBNZ lowered rates by a half-point at the last meeting on Nov. 27 and the markets have priced in another half-point cut on Wednesday at 90%, which would bring the cash rate down to 3.75%.  The central bank held rates for over a year but has aggressively cut rates by 125 basis points in the current easing cycle. The RBNZ has telegraphed its plan to cut rates by a half-point on Wednesday and we could see a limited response from the New Zealand dollar, since the decision has been priced in. Still, the US/New Zealand rate differential will widen and that could spell headwinds in the near term for the New Zealand dollar, which plunged 13% in the fourth quarter 2024 but has gained 1.9% since Jan 1. What can we expect from the RBNZ after tomorrow's anticipated rate cut? The RBNZ's updated forecasts are expected to show the cash rate declining towards 3 percent, but in smaller increments of quarter-point cuts. This will depend on the strength of the economy and the direction of inflation. Another factor which could affect the rate path is the new US administration which has already started imposing tariffs. New Zealand is vulnerable to US tariffs as the US is its second-largest trading partner, accounting for about 12% of New Zealand exports. Even if the US does not target New Zealand with tariffs, the trade war between the US and China has clouded the inflation outlook and is will likely hamper global growth. NZD/USD is putting pressure on support at 0.5691.  Below, there is support at 0.5643 0.5781 and 0.5829 and the next resistance lines
by OANDA
#NZDUSD 4HNZDUSD (4H Timeframe) Analysis Market Structure: The price is forming an expanding pattern, indicating increased market volatility and potential bearish movement. This pattern suggests that price swings are widening, with lower lows and higher highs, often leading to a strong directional move once a breakout occurs. Forecast: A sell opportunity is anticipated as the expanding pattern signals possible downside movement, especially if price rejects a key resistance area. Key Levels to Watch: - Entry Zone: A sell position can be considered near the upper boundary of the expanding pattern or after confirmation of bearish rejection. - Risk Management: - Stop Loss: Placed above the recent swing high to manage risk. - Take Profit: Target lower support zones based on previous price action. Market Sentiment: The expanding pattern reflects increasing price fluctuations, and if sellers gain control, a strong bearish move can follow. Confirmation through price action and volume analysis will help validate the trade setup.
Short
by PIPSFIGHTER
NZDUSD Will Go Down! Short! Here is our detailed technical review for NZDUSD. Time Frame: 5h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 0.571. Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all the way down to 0.566 level. P.S Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all. Like and subscribe and comment my ideas if you enjoy them!
Short
by SignalProvider
1
Could the Kiwi bounce from here?The price is falling towards the pivot which acts as a pullback support and could bounce to the 1st resistance. Pivot: 0.5691 1st Support: 0.5667 1st Resistance: 0.5736 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Long
by ICmarkets