|

AUD/NZD Price Analysis: Bearish while below 1.0740

  • AUD/NZD keeps moving slowly back toward 1.0570, remains in a short-term consolidation range.
  • A recovery above 1.0750 would alleviate the bearish pressure.

The AUD/NZD is falling for the third day in a row after the spike to near 1.0750. The rebound failed at the 20-day moving average that is critical resistance, now at 1.0715.

The consolidation range between 1.0750 and 1.0630 looks set to continue, with risks tilted to a break lower. A daily close under 1.0620 would clear the way for a decline toward 1.0550 (intermediate support at 1.0580).

A close above 1.0750 would alleviate the bearish pressure in the short-term. The next resistance stands at 1.0800. From a wider perspective, the aussie needs to consolidate above 1.0850 (weekly basis) to clear the way to more gains.

AUD/NZD technical levels

fxoriginal

AUD/NZD

Overview
Today last price1.0653
Today Daily Change-0.0008
Today Daily Change %-0.08
Today daily open1.0661
 
Trends
Daily SMA201.0718
Daily SMA501.0669
Daily SMA1001.0505
Daily SMA2001.0545
 
Levels
Previous Daily High1.0696
Previous Daily Low1.065
Previous Weekly High1.0745
Previous Weekly Low1.0628
Previous Monthly High1.0841
Previous Monthly Low1.0574
Daily Fibonacci 38.2%1.0667
Daily Fibonacci 61.8%1.0678
Daily Pivot Point S11.0642
Daily Pivot Point S21.0623
Daily Pivot Point S31.0596
Daily Pivot Point R11.0688
Daily Pivot Point R21.0715
Daily Pivot Point R31.0734

Author

Matías Salord

Matías started in financial markets in 2008, after graduating in Economics. He was trained in chart analysis and then became an educator. He also studied Journalism. He started writing analyses for specialized websites before joining FXStreet.

More from Matías Salord
Share:

Markets move fast. We move first.

Orange Juice Newsletter brings you expert driven insights - not headlines. Every day on your inbox.

By subscribing you agree to our Terms and conditions.

Editor's Picks

EUR/USD recovers to 1.1750 region as 2025 draws to a close

Following the bearish action seen in the European session on Wednesday, EUR/USD regains its traction and recovery to the 1.1750 region. Nevertheless, the pair's volatility remains low as trading conditions thin out on the last day of the year.

GBP/USD stays weak near 1.3450 on modest USD recovery

GBP/USD remains under modest beairsh pressure and fluctuates at around 1.3450 on Wednesday. The US Dollar finds fresh demand due to the end-of-the-year position adjustments, weighing on the pair amid the pre-New Year trading lull. 

Gold climbs to near $4,350 on Fed rate cut bets, geopolitical risks

Gold price rises to near $4,345 during the early Asian session on Friday. Gold finished 2025 with a significant rally, achieving an annual gain of around 65%, its biggest annual gain since 1979. The rally of the precious metal is bolstered by the prospect of further US interest rate cuts in 2026 and safe-haven flows.

Bitcoin, Ethereum and XRP prepare for a potential New Year rebound

Bitcoin, Ethereum, and Ripple are holding steady on Wednesday after recording minor gains on the previous day. Technically, Bitcoin could extend gains within a triangle pattern while Ethereum and Ripple face critical overhead resistance. 

Economic outlook 2026-2027 in advanced countries: Solidity test

After a year marked by global economic resilience and ending on a note of optimism, 2026 looks promising and could be a year of solid economic performance. In our baseline scenario, we expect most of the supportive factors at work in 2025 to continue to play a role in 2026.

Crypto market outlook for 2026

Year 2025 was volatile, as crypto often is.  Among positive catalysts were favourable regulatory changes in the U.S., rise of Digital Asset Treasuries (DAT), adoption of AI and tokenization of Real-World-Assets (RWA).