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AUD To NZD Converter
AUD to NZD Converter
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AUDNZD Short-Term Predictions (Next 6 Months)
December 2024:
- Liquidity Levels: Buyers are showing interest around 1.0950–1.1000, marking a significant support zone.
- Resistance: 1.1150 is a key resistance zone, where sellers have historically stepped in.
- Expected Movement: If price respects the support zone at 1.0950, we can expect an upward movement toward 1.1100–1.1150, driven by buying momentum. However, if it breaches the support zone, the next stop could be around 1.0800.
January 2025:
- Support: If December’s predictions hold, support could shift higher to 1.1000.
- Resistance: A stronger selling zone might emerge between 1.1150 and 1.1200.
- Expected Movement: There’s potential for consolidation between 1.1000 and 1.1150, with a breakout likely if global risk sentiment favors one currency over the other.
February 2025:
- Support Zone: 1.0900–1.0950.
- Resistance Zone: 1.1200–1.1250.
- Expected Movement: A potential breakout above 1.1200 could trigger further bullish momentum toward 1.1300. Alternatively, a failure at resistance could see the price retrace to test 1.0950 again.
March 2025:
- Support Levels: 1.0800 (major buying zone).
- Resistance: 1.1200 remains the key barrier.
- Expected Movement: If price trends lower, it could find strong support near 1.0800, attracting buyers for a recovery. However, sustained rejection near 1.1200 could signal a bearish trend.
April 2025:
- Support Levels: 1.0750–1.0800 zone is critical for buyers.
- Resistance: If breached, 1.1300 becomes the next level to watch.
- Expected Movement: Market may attempt to break previous highs if global and regional economic data favor Australia. Otherwise, expect consolidation between 1.0800 and 1.1150.
May 2025:
- Key Zones: Support remains at 1.0800, resistance shifts to 1.1350 if a breakout occurs earlier.
- Expected Movement: The trend will likely depend on macroeconomic conditions like interest rate announcements or trade developments between the two economies. A bullish scenario could see the pair testing 1.1400.
Long-Term Forecast (Beyond 6 Months)
Support and Buy Zone:
- The 1.0500–1.0700 range holds significant buying interest, as evidenced by historical reactions in this area. If this zone is revisited, it would likely mark a strong accumulation area for long-term buyers.
Resistance and Selling Zone:
- Resistance levels extend toward 1.1500–1.1700, where significant liquidity has previously been absorbed by sellers. Breaking this zone would require strong economic or policy shifts favoring the Australian dollar.
Possible Movements:
- Scenario 1 (Bullish): If the pair maintains support at 1.0800 and breaks above 1.1200, it could gradually trend higher, testing 1.1400–1.1500. A sustained bullish environment may see a rally to 1.1700 within a year.
- Scenario 2 (Bearish): If the pair loses support at 1.0800, expect a downward move toward 1.0500 or lower. This would likely align with deteriorating Australian economic conditions or an improving New Zealand economy.
Other Considerations:
- The Reserve Bank of New Zealand’s (RBNZ) and Reserve Bank of Australia’s (RBA) interest rate policies will play a significant role in long-term trends.
- Commodity price fluctuations, particularly dairy (for NZD) and mining outputs (for AUD), will heavily influence movements.
Key Points
- The 1.0950–1.1000 zone serves as a short-term base for potential upward movements.
- A decisive break above 1.1200 could lead to a medium-term rally.
- Long-term stability hinges on the retention of support around 1.0500, while resistance at 1.1500–1.1700 will likely cap upward movements unless fundamental shifts occur.