NZDUSD Pullback Toward 0.59300 Within Ongoing UptrendHey Traders, in the coming week we are monitoring NZDUSD for a buying opportunity around the 0.59300 zone. The pair is trading in an uptrend, with price currently correcting toward this key support/resistance level.
Structure: The broader bias remains bullish, though price is pulling back after rec
About New Zealand Dollar / U.S. Dollar
This pair is the New Zealand Dollar vs. the U.S. Dollar. It is often referred to as trading the “Kiwi” because the $1 coin depicts the Kiwi bird. In 2012 the Reserve Bank of New Zealand intervened to devalue the Kiwi because it had appreciated so much. It is the 10th most traded currency in the world.
Related currencies
NZDUSD Hits Strong Resistances – Bearish Reversal Ahead?NZDUSD ( OANDA:NZDUSD ) is currently trading near the Resistance zone($0.6000-$0.5958) , Potential Reversal Zone(PRZ) , and Resistance lines .
From a classical technical analysis perspective, NZDUSD seems to be completing the Ascending Broadening Wedge Pattern .
From an Elliott wave theor
NZDUSD → Correction before bull run to 0.600FX:NZDUSD , after breaking the downtrend, is forming a consolidation, the goal of which is the potential for continued growth...
The dollar is forming a small countertrend correction, to which the market is reacting, but overall sentiment on currencies is relatively bullish amid expectations o
Bullish bounce from support?The Kiwi (NZD/USD) is falling towards the pivot which has been identified as a pullback support and could bounce to the 1st resistance.
pivot: 0.5902
1st Support: 0.5789
1st Resistance: 0.6122
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the op
NZDUSD Bullish Momentum Above Key SupportNZDUSD is showing strong bullish structure after a clear Break of Structure (BOS) near 0.5900. Price is now retesting the support zone and holding above, which could open the way towards the next resistance area around 0.6050 – 0.6100.
If buyers maintain momentum, continuation to the upside is like
NZDUSD Consolidation above the Key resistance NZD/USD The pair is consolidating just below a key resistance zone, but the bullish market structure remains intact The USD is undergoing a short-term counter-trend correction, providing temporary pressure on NZD/USD. Market sentiment for risk currencies (like NZD) remains relatively positive, espec
NZD/USD Breakout – Targeting 0.6326 and 0.6370NZD/USD has broken out of the falling channel, signaling potential bullish continuation.
Price successfully retested the breakout zone around 0.5950
Short-term retracement likely before continuation higher
Key upside targets: 0.6326 and 0.6370
📌 Outlook: Bullish above 0.5900
⚠️ Disclaimer: Not f
NZDUSD: Important Breakout & Bullish Outlook 🇳🇿🇺🇸
I spotted a confirmed breakout of a resistance line of a falling
parallel channel on NZDUSD on a daily time frame.
The next strong resistance is 0.597.
With a high probability, it is going to be reached soon.
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current rate of NZDUSD is 0.59848 USD — it has increased by 0.04% in the past 24 hours. See more of NZDUSD rate dynamics on the detailed chart.
The value of the NZDUSD pair is quoted as 1 NZD per x USD. For example, if the pair is trading at 1.50, it means it takes 1.5 USD to buy 1 NZD.
The term volatility describes the risk related to the changes in an asset's value. NZDUSD has the volatility rating of 0.54%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.
The NZDUSD showed a 0.60% rise over the past week, the month change is a 0.87% rise, and over the last year it has decreased by −2.84%. Track live rate changes on the NZDUSD chart.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
NZDUSD is a major currency pair, i.e. a popular currency paired with USD.
Currencies are usually traded through forex brokers — choose the one that suits your needs and go ahead. You can trade NZDUSD right from TradingView charts — just log in to you broker account. Check out the list of our integrated brokers and find the best one for your needs and strategy.
When deciding to buy or sell currency one should keep in mind many factors including current geopolitical situation, interest rates, and other. But before plunging into a deep research, you can start with NZDUSD technical analysis. The technical rating for the pair is buy today, but don't forget that markets can be very unstable, so don't stop here. According to our 1 week rating the NZDUSD shows the buy signal, and 1 month rating is neutral. See more of NZDUSD technicals for a more comprehensive analysis.