Confirming you are not from the U.S. or the Philippines

By giving this statement, I explicitly declare and confirm that:
  • I am not a U.S. citizen or resident
  • I am not a resident of the Philippines
  • I do not directly or indirectly own more than 10% of shares/voting rights/interest of the U.S. residents and/or do not control U.S. citizens or residents by other means
  • I am not under the direct or indirect ownership of more than 10% of shares/voting rights/interest and/or under the control of U.S. citizen or resident exercised by other means
  • I am not affiliated with U.S. citizens or residents in terms of Section 1504(a) of FATCA
  • I am aware of my liability for making a false declaration.
For the purposes of this statement, all U.S. dependent countries and territories are equalled to the main territory of the USA. I accept full responsibility for the accuracy of this declaration and commit to personally address and resolve any claims or issues that may arise from a breach of this statement.
Cancel Confirm
We are dedicated to your privacy and the security of your personal information. We only collect emails to provide special offers and important information about our products and services. By submitting your email address, you agree to receive such letters from us. If you want to unsubscribe or have any questions or concerns, write to our Customer Support.
Confirm
Octa trading broker Sign up Log in
Trading news
Back
25 Mar 2025

NZD/USD Price Analysis: Kiwi trades near key SMAs as upside momentum stalls

  • NZD/USD was seen hovering around the 0.5725 zone with mild losses ahead of the Asian session.
  • The pair remains trapped near the convergence of the 20- and 100-day SMAs, limiting directional momentum.
  • Support rests at the 0.5700 threshold, while the RSI hovers near the middlepoint, pointing to a lack of strong conviction.

The NZD/USD pair was seen trading near the 0.5725 area on Monday, showing mild downside pressure ahead of the Asian session. After a short-lived attempt to gather bullish traction, the kiwi remains capped by the convergence of two key daily moving averages, which continue to act as a magnet for price action. Indicators now show signs of weakening momentum, hinting at limited follow-through in either direction for now.

On the technical front, the Relative Strength Index (RSI) sits right around the 50 mark and is mildly declining, reflecting a neutral momentum profile and lack of strong directional bias. Meanwhile, the Moving Average Convergence Divergence (MACD) is printing decreasing green bars, suggesting that bullish momentum is gradually fading. These developments reinforce the idea that the pair might remain rangebound unless a breakout occurs.

The 20-day and 100-day Simple Moving Averages, clustered around 0.5730, have become pivotal levels. A decisive break below this area could expose the next support near 0.5700, opening the door for further downside in the near term. Conversely, holding above these SMAs could allow buyers to retest the 0.5780 region and potentially eye the 0.5830 zone beyond.

NZD/USD daily chart

Mar 24, 2025

AUD/JPY Price Analysis: Bulls eye recovery as short-term momentum turns cautiously optimistic

The AUD/JPY pair was seen trading around the 94.70 zone on Monday ahead of the Asian session, not far from the midpoint of the day’s range.
Read more Previous
Mar 25, 2025

Silver Price Forecast: XAG/USD stalls near $33.00 after 3-day slide

Silver's price was flatline on Monday, hovering around $33.00 an ounce, snapping three consecutive days of losses.
Read more Next