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NZDUSD Technical Analysis

NZDUSD Bears Dominate But Reversal Looms

FxNews—The NZD/USD downtrend was triggered from $0.587, and the bears have prevailed in the sentiment ever since. However, the extreme selling pressure caused the...

NZDUSD Eyes November Low if Bears Break $0.583

FxNews—The New Zealand dollar trades bearish against the American dollar. The current downtrend began from the 23.6% Fibonacci, hinted at by a long upper...

NZDUSD at Critical Juncture at $0.593 Amid Bearish Signals

The NZD/USD pair trades in a bear market below the 23.6% Fibonacci retracement level. However, the currency pair shifted...

NZDUSD Remains Bearish Despite Gains in NZ Stocks

FxNews—New Zealand's main stock index, the S&P/NZX 50, climbed over 1% to close at 13,196. This is the highest...

NZDUSD Bear Market Prevails as RBNZ Rate Cut Expectations

On Thursday, the New Zealand dollar remained weak, trading around $0.586 against the Greenback. Investors anticipate that the Reserve...

NZDUSD Stalls as RBNZ Rate Cuts Loom

The New Zealand dollar remained steady around $0.588, benefiting from a pause in the U.S. dollar's rally. However, the...

NZDUSD Dips Despite Strong Economic Data

FxNews—The NZD/USD pair slipped below the August 5 low at $0.585, even though the country's economic data was better...

Fed Rate Cut Looms as NZDUSD Tests Critical Support

FxNews—The NZD/USD trades bearishly. In today's trading session, it tested the August 5 low ($0.585). As of this writing,...