2 weeks NZD/USD: A test of 0.5955 seems inevitable – UOB GroupFXStreet

As long as 0.5955 is not breached, the New Zealand Dollar (NZD) could edge higher to 0.6075, UOB Group FX analysts Quek Ser Leang and Peter Chia note.

New Zealand · NZD USD

12 hours NZD/USD Price Analysis: Pair fell to lowest level since November, bears commandFXStreet X

19 hours NZD/USD Price Analysis: More downside looks likely towards 0.5770FXStreet X

22 hours NZD/USD: Likely to edge lower – UOB GroupFXStreet X

1 day NZD/USD drops to near 0.5800 due to the dovish mood surrounding the RBNZ policy outlookFXStreet X

1 day NZD/USD extends downside to near 0.5850 on stronger US Dollar, dovish RBNZ expectationsFXStreet X

2 days NZD/USD Price Analysis: Bears continue in command as pair resumes lossesFXStreet X

2 days NZD/USD: Can retest the 0.5865 level before a rebound is likely – UOB GroupFXStreet X

2 days NZD/USD depreciates to near 0.5850 due to rising odds of a bumper RBNZ rate cutFXStreet X

2 days NZD/USD drifts higher above 0.5850, focus on FedspeakFXStreet X

3 days NZD/USD: Unlikely to reach 0.5960 for now – UOB GroupFXStreet X

3 days NZD/USD Price Forecast: Remains below 0.5900, nine-day EMA due to growing bearish biasFXStreet X

3 days NZD/USD weakens to near 0.5900 on dovish RBNZ bets, geopolitical risksFXStreet X

3 days NZD/USD Price Analysis: Pair trades higher in recovery as buyers attempt to take controlFXStreet X

4 days New Zealand GDT Price Index fell from previous 4.8% to 1.9%FXStreet X

4 days NZD/USD: 0.5775 is probably out of reach – UOB GroupFXStreet X

4 days NZD/USD remains below 0.5900 due to dovish sentiment surrounding the RBNZFXStreet X

4 days Māori Warriors Lead Thousands in New Zealand ProtestYouTube X

4 days NZD/USD holds below 0.5900 on dovish RBNZFXStreet X

5 days NZD/USD remains vulnerable around 0.5850 as US Dollar stays firmFXStreet X

5 days NZD/USD: To trade in a range between 0.5845 and 0.5885 – UOB GroupFXStreet X

5 days NZD/USD Price Forecast: Tests 0.5850 to break below the descending channelFXStreet X

5 days NZD/USD strengthens above 0.5850 on New Zealand’s stronger dataFXStreet X

5 days New Zealand Producer Price Index – Input (QoQ) registered at 1.9% above expectations (1%) in 3QFXStreet X

5 days New Zealand Producer Price Index – Output (QoQ) above forecasts (0.9%) in 3Q: Actual (1.5%)FXStreet X

6 days New Zealand Business NZ PSI increased to 46 in October from previous 45.7FXStreet X

1 week NZD/USD Price Analysis: Pair saw a volatile session, high near 20-day SMA then retreatedFXStreet X

1 week NZD/USD: Outlook for NZD remains negative – UOB GroupFXStreet X

1 week NZD/USD holds gains near 0.5850 following Business NZ PMI, mixed China dataFXStreet X

1 week NZD/USD Price Analysis: Pair logs three consecutive losses, RSI oversoldFXStreet X

1 week New Zealand Business NZ PMI fell from previous 46.9 to 45.8 in OctoberFXStreet X

1 week NZD/USD: Likelihood of NZD dropping to 0.5850 has increased – UOB GroupFXStreet X

1 week NZD/USD manages to hold above mid-0.5900s, seems vulnerable near multi-month lowFXStreet X

1 week NZD/USD extends losses to three-month lows near 0.5870, US PPI awaitedFXStreet X

1 week NZD/USD Price Analysis: Pair tallied another daily loss, indicators show bearish outlookFXStreet X

1 week Ormat Technologies to Construct 101MW Geothermal Plant in New ZealandZacks X

1 week NZD/USD: Downward bias towards 0.5900 – UOB GroupFXStreet X

1 week NZD/USD Price Forecast: Remains below 0.5950, resistance appears at nine-day EMAFXStreet X

1 week NZD/USD remains on the defensive below 0.5950 as traders await US CPI dataFXStreet X

1 week NZD/USD Price Analysis: Pair resumed downfall, nearing oversold levelsFXStreet X

2 weeks NZD/USD: Set to reach 0.5915 near term – UOB GroupFXStreet X

2 weeks NZD/USD edges lower to near 0.5950 amid solid US Dollar, dovish RBNZFXStreet X

2 weeks NZD/USD extends downside to near 0.5950 on the bullish US DollarFXStreet X

2 weeks New Zealand Electronic Card Retail Sales (YoY) up to -1.1% in October from previous -5.6%FXStreet X

2 weeks New Zealand Electronic Card Retail Sales (MoM): 0.6% (October) vs 0%FXStreet X

2 weeks NZD/USD Price Analysis: Pair traded neutral, but remains well below 20-day SMAFXStreet X

2 weeks Why Rocket Lab Stock Popped 11% TodayThe Motley Fool X

2 weeks NZD/USD Price Forecast: Tests descending channel’s upper boundary above 0.5950FXStreet X

2 weeks NZD/USD recovers above 0.5950 as NZ two-year inflation expectations rise to 2.12% QoQ in Q4FXStreet X

2 weeks RBNZ Survey: NZ two-year inflation expectations increase to 2.12% QoQ in Q4 2024FXStreet X

2 weeks New Zealand RBNZ Inflation Expectations (QoQ) rose from previous 2.03% to 2.12% in 4QFXStreet X