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NZD/USD Price Forecast: Struggles at 100-day SMA ahead of US CPI

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NZD/USD Price Forecast: Struggles at 100-day SMA ahead of US CPI

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update 2025.09.11 07:50
NZD/USD Price Forecast: Struggles at 100-day SMA ahead of US CPI

update 2025.09.11 07:50

  • NZD/USD climbs on softer inflation data, but buyers struggle to clear key 100-day SMA hurdle at 0.5959.
  • Momentum remains bullish yet flattish on RSI, signaling potential consolidation ahead of Thursday's US CPI release.
  • Break above 0.5996 opens path to July highs, while downside risks emerge below 0.5900 toward 0.5886 and 0.5836.

The New Zealand Dollar advanced on Wednesday, posted gains of over 0.24% as traders digested the latest factory gate inflation report. An evolution of the disinflation process, drove the NZD/USD pair higher, past the 0.9540 mark during the day.

NZD/USD Price Forecast: Technical outlook

Price action shows buyers reluctancy to drive NZD/USD past the 100-day Simple Moving Average (SMA) at 0.5959. Although momentum as depicted in the Relative Strength Index (RSI) is bullish, it has turned slightly flattish. Hence, further sideways trading lies ahead, unless the release of US CPI data on Thursday rocks the boat.

If NZD/USD climbs past the 100-day SMA, the next resistance will be the August 13 peak at 0.5996, followed by the July 24 cycle high at 0.5059. On the other hand, if the pair slides below 0.5900, the first support would be the 20-day SMA at 0.5886, ahead of the 200-day SMA at 0.5836.

NZD/USD Price Chart -- Daily


New Zealand Dollar Price This week

The table below shows the percentage change of New Zealand Dollar (NZD) against listed major currencies this week. New Zealand Dollar was the strongest against the Canadian Dollar.

USD EUR GBP JPY CAD AUD NZD CHF
USD 0.08% -0.22% -0.60% 0.21% -0.96% -0.82% 0.03%
EUR -0.08% -0.32% -0.60% 0.12% -1.04% -0.85% -0.05%
GBP 0.22% 0.32% -0.38% 0.43% -0.72% -0.54% 0.26%
JPY 0.60% 0.60% 0.38% 0.75% -0.38% -0.36% 0.65%
CAD -0.21% -0.12% -0.43% -0.75% -1.06% -0.98% -0.18%
AUD 0.96% 1.04% 0.72% 0.38% 1.06% 0.18% 0.99%
NZD 0.82% 0.85% 0.54% 0.36% 0.98% -0.18% 0.81%
CHF -0.03% 0.05% -0.26% -0.65% 0.18% -0.99% -0.81%

The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the New Zealand Dollar from the left column and move along the horizontal line to the US Dollar, the percentage change displayed in the box will represent NZD (base)/USD (quote).


Date

Created

 : 2025.09.11

Update

Last updated

 : 2025.09.11

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