News & Analysis / Analysis / NZD/USD Analysis: Exchange Rate at 2025 High

NZD/USD Analysis: Exchange Rate at 2025 High

FXOpen

As shown on the NZD/USD chart today, the exchange rate is around 0.58250—the highest level for the Kiwi against the US dollar since December 2024.

NZD strength is supported by optimism about China's economy, a key trading partner for New Zealand. The Hang Seng Index (Hong Kong 50 on FXOpen) is near three-year highs, driven by:

→ Optimism surrounding AI development in China, including models from DeepSeek and Alibaba.
→ Government stimulus measures boosting the Chinese economy.

Meanwhile, traders are assessing the USD's outlook in light of the Trump administration's trade tariff policies.

Technical Analysis of NZD/USD

The recent rally accelerated after bulls broke through the downward trendline (shown in orange). However, bears may expect a correction due to three key factors:

→ The price is near the 0.58000 level, which previously acted as support (as indicated by arrows). It may now serve as resistance, limiting further gains.

The RSI indicator is in overbought territory, unsurprising given the rally's pace over the past week.

→ The price is near the upper boundary of the ascending channel (in place since early 2025), which could also act as resistance to further upside.

Trade over 50 forex markets 24 hours a day with FXOpen. Take advantage of low commissions, deep liquidity, and spreads from 0.0 pips. Open your FXOpen account now or learn more about trading forex with FXOpen.

This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.

Stay ahead of the market!

Subscribe now to our mailing list and receive the latest market news and insights delivered directly to your inbox.

forex

More
Forex Trading with FXOpen

Forex Trading with FXOpen

Experience ECN technology for deep liquidity and light-speed trade execution

  • Access over 50 markets
  • Trade with spreads from 0.0 pips
  • Take advantage of commissions from $1.50/lot
Learn more

Latest articles

Shares

Tesla (TSLA) Shares Among the Biggest Losers Again

As the chart shows, Tesla (TSLA) shares opened yesterday’s trading session with a bearish gap and closed more than 5% lower than the previous day’s close. Meanwhile, the S&P 500 index (US SPX 500 mini on

Commodities

Gold Price Surpasses $3,000 per Ounce for the First Time in History

Just five days ago, we noted that gold was approaching the $3,000 level and suggested that a breakout could occur this month.

Yesterday, as shown on the XAU/USD chart, the spot price of gold rose above the psychological

Forex Analysis

The Fed May Cut Rates: The Dollar Trades Near Recent Lows

The upcoming trading sessions are packed with key events, potentially triggering heightened volatility in major currency pairs. This morning, the Bank of Japan held its meeting, the Federal Reserve will announce its decision this evening, and tomorrow, the Swiss National

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 60% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.