NZD/USD Price Forecast: New Zealand Dollar holds near 0.5650 as bearish bias holds

NZD/USD may fall toward the lower boundary of the descending channel around 0.5600.
The 14-day Relative Strength Index at 32 indicates the pair is nearing a potential turning point.
The primary resistance lies at the nine-day EMA of 0.5684.

Akhtar Faruqui FXStreet

NZD/USD gains ground for the second consecutive day, trading around 0.5660 during the Asian hours on Tuesday. Technical analysis of the daily chart suggests the spot price is remaining within the descending channel, indicating a prevailing bearish bias.

The NZD/USD pair is maintaining a bearish near-term tone as it holds below both the nine-day and 50-day Exponential Moving Averages (EMAs). The pair is pressing the lower end of its recent range, while the 14-day Relative Strength Index (RSI) at 32 hovers just above oversold territory, suggesting downside pressure persists but is nearing a potential fatigue zone rather than showing outright capitulation.

The NZD/USD pair may pull back toward the initial support at the lower boundary of the descending channel around 0.5600, followed by the 14-month low of 0.5580, which was recorded in November 2025. Further declines below this confluence support zone would strengthen the bearish bias and lead the pair to test 0.5485, the lowest since March 2020.

On the upside, the NZD/USD pair may test the primary barrier at the nine-day EMA of 0.5684, followed by the upper boundary of the descending channel around 0.5740. Further resistance lies at the 50-day EMA of 0.5806.

Chart Analysis NZD/USD — NZD/USD: Daily Chart

(The technical analysis of this story was written with the help of an AI tool.)

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 Euro.

	USD	EUR	GBP	JPY	CAD	AUD	NZD	CHF
USD		0.16%	0.13%	0.15%	0.12%	0.09%	-0.17%	0.17%
EUR	-0.16%		-0.02%	-0.02%	-0.08%	-0.07%	-0.34%	-0.00%
GBP	-0.13%	0.02%		0.00%	-0.05%	-0.04%	-0.31%	0.02%
JPY	-0.15%	0.02%	0.00%		-0.03%	-0.08%	-0.31%	0.00%
CAD	-0.12%	0.08%	0.05%	0.03%		-0.05%	-0.28%	0.04%
AUD	-0.09%	0.07%	0.04%	0.08%	0.05%		-0.23%	0.07%
NZD	0.17%	0.34%	0.31%	0.31%	0.28%	0.23%		0.31%
CHF	-0.17%	0.00%	-0.02%	-0.01%	-0.04%	-0.07%	-0.31%

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).

Author

Akhtar Faruqui

FXStreet

Akhtar Faruqui is a Forex Analyst based in New Delhi, India. With a keen eye for market trends and a passion for dissecting complex financial dynamics, he is dedicated to delivering accurate and insightful Forex news and analysis.

AUD/USD bulls regain control above 0.6950 amid USD retreat

AUD/USD regains traction and extends the previous day's bounce from the weekly low, aiming for 0.7000 in Asia on Friday. The overnight pullback in US bond yields keeps the US Dollar below an 18-month high, which in turn offers some support to the pair. Meanwhile, hawkish RBA expectations also keep the major underpinned.

USD/JPY holds gains near 158.00 after Japan's weak Household Spending data

USD/JPY clings to gains around 158.00 after data showed on Friday that Japan's Household Spending fell for the ninth straight month, undermining the Japanese Yen. Meanwhile, the US Dollar remains depressed as the overnight fall in US bond yields counters a hawkish Fed and geopolitical uncertainties, could cap any downside in the pair.

Gold remains range-bound below $4,200

Gold has given up some ground after an initial bullish attempt to reach weekly highs, returning to below the $4,200 mark per troy ounce on Friday. The US Dollar’s strong upside momentum, combined with rising US Treasury yields across the curve, seems to keep further gains in the yellow metal under scrutiny.

Has Bitcoin really escaped the macro forces it was built to fight?

Over 17 years ago, Satoshi Nakamoto designed Bitcoin (BTC) on the back of a global financial crisis as an alternative to the global monetary system outside the control of central banks, governments and traditional intermediaries. This raises a key question: has Bitcoin really become independent of the macroeconomic forces it was built to challenge?

The Euro is not the sick man of Europe. France's bond market is

EUR/USD remains under pressure, near the 17-month low of 1.1161 reached on Monday. The pair has lost more than 7% since its yearly peak, as concerns over France's public finances increasingly weigh on the single currency. But behind the weakness of the Euro (EUR), the problem does not necessarily lie with the European economy as a whole.