Created
: 2025.10.28
- English
- English
- What's Myforex
- Share
- Use tools
- Get information
- What's New
- Help center
- About us
- Customer support
- Terms and policies
-
-
PortfolioShare your portfolio and performance in real time -
Events & contestsEvents and contests held by retail brokers around the world
-
-
Real-time spread comparisonCompare spreads of major retail brokers in real time -
Volatility analysisVisualize volatility as a measure of daily market activity -
Swap point comparisonCompare buy and sell swap values for each broker by symbol -
Market rates & chartsCheck prices for all instruments offered by each broker -
IndicatorsProviding in-house developed indicators for MT4/MT5 -
Trading calculatorsCalculation tools for each broker to help you trade
-
-
World FX newsLatest news on forex and cryptocurrencies from around the world -
Broker informationTrading information of retail brokers worldwide -
MetaTrader4/5 user guideUser guide collection for the latest MetaTrader4/5 -
Economic calendarRelease calendar for indicators from official sources of major economies
NZD/USD Price Forecast: Slips as the Kiwi remains muted on risk-on mood
World FX news
Breaking news
NZD/USD Price Forecast: Slips as the Kiwi remains muted on risk-on mood
New
2025.10.28 07:57
2025.10.28 07:57
2025.10.28 07:57
- NZD/USD trades near 0.5771, pressured by dovish expectations for the Reserve Bank of New Zealand.
- Pair holds slightly above the 20-day SMA (0.5762), but bearish RSI hints at downside momentum.
- A drop below 0.5700 exposes the October 14 low at 0.5682, while resistance aligns at 0.5830-0.5857.
The NZD/USD opens the week with losses of over 0.14% on Monday, trading at around 0.5771 after opening the session at around 0.5778 as risk appetite improved. Despite this, the Kiwi failed to rally on expectations that the Reserve Bank of New Zealand might cut rates at the November 26 meeting.
NZD/USD Price Forecast: Technical outlook
The NZD/USD is downward biased, despite recovering some ground and climbing above the 20-day Simple Moving Average (SMA) at 0.5762. The Relative Strength Index (RSI) is bearish, confirming that the downtrend could resume. In the near term.
If NZD/USD dives below the 20-day SMA, the next support would be 0.5700. A breach of the latter will expose the October 14 swing low of 0.5682, followed by 0.5600.
Conversely, if NZD/USD rises past 0.5800, buyers could remain hopeful of testing higher key resistance levels. the first one would be the 50-day SMA at 0.5830, followed by the 200-day SMA at 0.5857, ahead of the 100-day SMA at 0.5909.
NZD/USD Price Chart - Daily
New Zealand Dollar FAQs
The New Zealand Dollar (NZD), also known as the Kiwi, is a well-known traded currency among investors. Its value is broadly determined by the health of the New Zealand economy and the country's central bank policy. Still, there are some unique particularities that also can make NZD move. The performance of the Chinese economy tends to move the Kiwi because China is New Zealand's biggest trading partner. Bad news for the Chinese economy likely means less New Zealand exports to the country, hitting the economy and thus its currency. Another factor moving NZD is dairy prices as the dairy industry is New Zealand's main export. High dairy prices boost export income, contributing positively to the economy and thus to the NZD.
The Reserve Bank of New Zealand (RBNZ) aims to achieve and maintain an inflation rate between 1% and 3% over the medium term, with a focus to keep it near the 2% mid-point. To this end, the bank sets an appropriate level of interest rates. When inflation is too high, the RBNZ will increase interest rates to cool the economy, but the move will also make bond yields higher, increasing investors' appeal to invest in the country and thus boosting NZD. On the contrary, lower interest rates tend to weaken NZD. The so-called rate differential, or how rates in New Zealand are or are expected to be compared to the ones set by the US Federal Reserve, can also play a key role in moving the NZD/USD pair.
Macroeconomic data releases in New Zealand are key to assess the state of the economy and can impact the New Zealand Dollar's (NZD) valuation. A strong economy, based on high economic growth, low unemployment and high confidence is good for NZD. High economic growth attracts foreign investment and may encourage the Reserve Bank of New Zealand to increase interest rates, if this economic strength comes together with elevated inflation. Conversely, if economic data is weak, NZD is likely to depreciate.
The New Zealand Dollar (NZD) tends to strengthen during risk-on periods, or when investors perceive that broader market risks are low and are optimistic about growth. This tends to lead to a more favorable outlook for commodities and so-called 'commodity currencies' such as the Kiwi. Conversely, NZD tends to weaken at times of market turbulence or economic uncertainty as investors tend to sell higher-risk assets and flee to the more-stable safe havens.
Last updated
: 2025.10.28
Related articles
GBP/USD: Likelihood of a continued decline below 1.3295 is diminishing - UOB Group
1 minutes agoUSD mixed as stocks pause, bonds rise - BBH
5 minutes agoJapan's Akazawa: Intends to work with the US on critical minerals
22 minutes agoUSD: Demand for EM could weigh on the USD - ING
40 minutes agoECB Survey: Inflation expectation for next 12 months decreased to 2.7% in September
57 minutes agoEUR/USD is unlikely to break above the major resistance at 1.1680 - UOB Group
2025.10.28 18:16
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
GBP/USD: Likelihood of a continued decline below 1.3295 is diminishing - UOB Group
Pound Sterling (GBP) could trade in a range of 1.3320/1.3370. In the longer run, downward momentum is starting to slow, and the likelihood of a continued decline below 1.3295 is diminishing, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
New
2025.10.28 19:15USD mixed as stocks pause, bonds rise - BBH
The US Dollar (USD) trades mixed in a narrow range as stocks pause and bonds rise, with focus on today's US October Consumer Confidence report, where falling confidence and a weak labor differential point to potential downward pressure on the currency in the coming months, BBH FX analysts report.
New
2025.10.28 19:11Japan's Akazawa: Intends to work with the US on critical minerals
Japan's Chief Trade Negotiator Ryosei Akazawa said on Tuesday that Tokyo is in discussions with the United States (US) to reduce its reliance on Russia for its energy needs.
New
2025.10.28 18:54USD: Demand for EM could weigh on the USD - ING
Risk assets start the week in a positive mood. Weekend reports suggest the US and China have found common ground on topics like the sale of TikTok, soybean purchases and tariffs.
New
2025.10.28 18:36Silver price today: Silver falls, according to FXStreet data
Silver prices (XAG/USD) fell on Tuesday, according to FXStreet data.
New
2025.10.28 18:30ECB Survey: Inflation expectation for next 12 months decreased to 2.7% in September
The European Central Bank's (ECB) Consumer Expectations Survey showed on Tuesday that consumers' median inflation expectation for the next 12 months decreased to 2.7% in September from 2.8% in August's survey.
New
2025.10.28 18:20EUR/USD is unlikely to break above the major resistance at 1.1680 - UOB Group
Euro (EUR) could rise gradually, but it is unlikely to break above the major resistance at 1.1680. In the longer run, for the time being, EUR is likely to trade between 1.1585 and 1.1680, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
New
2025.10.28 18:16JPY: A potential Trump-Takaichi meeting? - ING
It has been suggested that President Trump could be meeting Japan's new PM, Sanae Takaichi, during his Asia trip, ING's FX analyst Chris Turner notes.
New
2025.10.28 18:12Copper nears May 2024 record amid US-China trade optimism - ING
Copper prices are approaching their May 2024 record of $11,104.50/t, supported by easing US-China trade tensions, ongoing supply disruptions, and expectations of another Federal Reserve rate cut following softer-than-expected US inflation data, ING's commodity experts Ewa Manthey and Warren Patterso
New
2025.10.28 18:09Dow Jones futures move little despite risk-on mood, big tech results eyed
Dow Jones futures remain steady around 47,700 during European hours, with the S&P 500 futures and Nasdaq 100 futures hovering around 6,900 and 25,950, respectively, ahead of the opening of the United States (US) regular session on Tuesday.
New
2025.10.28 17:59Disclaimer:
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.
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
