Select Language

NZD/USD Price Forecast: Tests nine-day EMA after breaking above 0.5800

Breaking news

NZD/USD Price Forecast: Tests nine-day EMA after breaking above 0.5800

  • X
  • facebook
  • LINE
  • RSS

  • X
  • facebook
  • LINE
  • RSS
New update 2025.10.01 17:29
NZD/USD Price Forecast: Tests nine-day EMA after breaking above 0.5800

update 2025.10.01 17:29

  • NZD/USD may find its primary support at the downward trendline around 0.5750.
  • The market sentiment remains bearish as the 14-day RSI stays firmly below the 50 mark.
  • The immediate barrier lies at the nine-day EMA of 0.5821.

NZD/USD extends its gains for the second successive session, trading around 0.5810 during the European hours on Wednesday. The technical analysis of the daily chart indicates a weaker short-term price momentum as the pair remains below the nine-day Exponential Moving Average (EMA).

Additionally, the 14-day Relative Strength Index (RSI) is positioned below the 50 mark, strengthening the prevailing bearish bias.

On the downside, the NZD/USD pair could find its initial support at the downward trendline around the crucial level of 0.5750. A break below the trendline would open the doors for the pair to navigate the area around 0.5485, the lowest level since March 2020, which was recorded on April 9, 2025.

The NZD/USD pair is testing its immediate barrier at the nine-day EMA of 0.5821, followed by the 50-day EMA at 0.5894. A break above these levels would improve the short- and medium-term price momentum and lead the pair to test the three-month high of 0.6008, reached on September 17, followed by 0.6121, the highest since October 2024.

NZD/USD: Daily Chart

New Zealand Dollar Price Today

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

USD EUR GBP JPY CAD AUD NZD CHF
USD -0.19% -0.23% -0.59% -0.02% -0.07% -0.42% -0.21%
EUR 0.19% -0.02% -0.40% 0.17% 0.15% -0.20% -0.02%
GBP 0.23% 0.02% -0.36% 0.20% 0.18% -0.18% 0.00%
JPY 0.59% 0.40% 0.36% 0.59% 0.50% 0.40% 0.47%
CAD 0.02% -0.17% -0.20% -0.59% -0.05% -0.39% -0.20%
AUD 0.07% -0.15% -0.18% -0.50% 0.05% -0.35% -0.17%
NZD 0.42% 0.20% 0.18% -0.40% 0.39% 0.35% 0.18%
CHF 0.21% 0.02% -0.00% -0.47% 0.20% 0.17% -0.18%

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

 : 2025.10.01

Update

Last updated

 : 2025.10.01

Related articles


Show more

FXStreet

Financial media

arrow
FXStreet

FXStreet is a forex information website, delivering market analysis and news articles 24/7.
It features a number of articles contributed by well-known analysts, in addition to the ones by its editorial team.
Founded in 2000 by Francesc Riverola, a Spanish economist, it has grown to become a world-renowned information website.

Was this article helpful?

We hope you find this article useful. Any comments or suggestions will be greatly appreciated.  
We are also looking for writers with extensive experience in forex and crypto to join us.

please contact us at [email protected].

Thank you for your feedback.
Thank you for your feedback.

Most viewed

Japan's Takaichi says will implement responsible proactive fiscal policy

Japan's Prime Minister Sanae Takaichi said on Friday that the foundation of our approach will be guided by the principle of 'economy first, then fiscal policy.' Takaichi added that she will strategically implement fiscal spending under the concept of responsible proactive fiscal policy. 
New
update2025.10.24 14:31

Silver Price Forecast: XAG/USD slips below $48.50 due to hopes on US-China deal, CPI eyed

Silver price (XAG/USD) fell nearly 1% after registering gains in the previous session, trading around $48.30 during the Asian hours on Friday.
New
update2025.10.24 13:52

EUR/JPY Price Forecast: Constructive view prevails near 177.50

The EUR/JPY cross trades in positive territory for the fourth consecutive day around 177.45 during the early European session on Friday. The Japanese Yen (JPY) softens against the Euro (EUR), even as core inflation in Japan accelerated in September for the first time since May.
New
update2025.10.24 13:39

USD/CHF consolidates around 0.7960 ahead of US inflation data

The USD/CHF pair trades in a tight range around 0.7960 during the late Asian trading session on Friday. The Swiss Franc pair consolidates as the US Dollar (USD) ranges ahead of the delayed United States (US) Consumer Price Index (CPI) data release.
New
update2025.10.24 13:36

India Gold price today: Gold falls, according to FXStreet data

Gold prices fell in India on Friday, according to data compiled by FXStreet.
New
update2025.10.24 13:35

When are the UK Retail Sales and how could they affect GBP/USD?

The United Kingdom (UK) docket has the Retail Sales data for September to be released by the Office for National Statistics (ONS) on Friday, later this session at 06:00 GMT.
New
update2025.10.24 13:10

US President Trump: Trade talks with Canada are terminated

Citing US President Donald Trump, the Financial Times (FT) reported on Friday that he is ending trade negotiations with Canada.
New
update2025.10.24 12:47

USD/CAD gains above 1.4000 due to increased risk aversion, weaker Oil prices

USD/CAD appreciates after registering little gains in the previous session, trading around 1.4020 during the Asian hours on Friday.
New
update2025.10.24 12:19

US CPI headline inflation set to rise 3.1% YoY in September

The United States (US) Bureau of Labor Statistics (BLS) will publish the all-important Consumer Price Index (CPI) data for September on Friday at 12:30 GMT.
New
update2025.10.24 12:00

Gold declines as traders brace for trade talks, US CPI inflation data

Gold price (XAU/USD) edges lower below $4,150 during the Asian trading hours on Friday, pressured by the rebound in the US Dollar (USD). Traders remain cautious after a sharp sell-off over the previous sessions.
New
update2025.10.24 11:39

Disclaimer:arw

All information and content provided on this website is provided for informational purposes only and is not intended to solicit any investment. Although all efforts are made in order to ensure that the information is correct, no guarantee is provided for the accuracy of any content on this website. Any decision made shall be the responsibility of the investor and Myforex does not take any responsibility whatsoever regarding the use of any information provided herein.

The content provided on this website belongs to Myforex and, where stated, the relevant licensors. All rights are reserved by Myforex and the relevant licensors, and no content of this website, whether in full or in part, shall be copied or displayed elsewhere without the explicit written permission of the relevant copyright holder. If you wish to use any part of the content provided on this website, please ensure that you contact Myforex.

  • Facebook
  • Twitter
  • LINE

Myforex uses cookies to improve the convenience and functionality of this website. This website may include cookies not only by us but also by third parties (advertisers, log analysts, etc.) for the purpose of tracking the activities of users. Cookie policy

I agree
share
Share
Cancel