NZD/USD Price Analysis: Kiwi trading in a bull flag below 0.6614 resistance

NZD/USD remains under selling pressure near the 2020 lows.
The level to beat for sellers is the 0.6594 support on a daily closing basis.

Flavio Tosti Independent Analyst

NZD/USD daily chart

NZD/USD attempted a break above the 0.6614 resistance and is now easing back down below the level. The market is consolidating in a bull flag while trading above the main simple moving averages (SMAs). However, if the sellers come back the bull flag could fail and lead to a drop towards the 0.6566/52 price zone. Further down lie the 0.6525 level. Resistance is seen near 0.6614 and 0.6642 levels, according to the Technical Confluences Indicator.

Additional key levels

NZD/USD

Overview
Today last price	0.6607
Today Daily Change	0.0008
Today Daily Change %	0.12
Today daily open	0.6599

Trends
Daily SMA20	0.6649
Daily SMA50	0.6572
Daily SMA100	0.6459
Daily SMA200	0.6512

Levels
Previous Daily High	0.661
Previous Daily Low	0.658
Previous Weekly High	0.6666
Previous Weekly Low	0.6584
Previous Monthly High	0.6756
Previous Monthly Low	0.6424
Daily Fibonacci 38.2%	0.6599
Daily Fibonacci 61.8%	0.6591
Daily Pivot Point S1	0.6583
Daily Pivot Point S2	0.6566
Daily Pivot Point S3	0.6553
Daily Pivot Point R1	0.6613
Daily Pivot Point R2	0.6626
Daily Pivot Point R3	0.6643

Author

Flavio Tosti

Independent Analyst

EUR/USD remains offered below 1.1600, seems vulnerable near multi-month low

The EUR/USD pair struggles to capitalize on the overnight bounce from the 1.1530 region, or the lowest level since November 2025, and lower for the third consecutive day on Wednesday. Spot prices slide back below the 1.1600 mark during the Asian session and seem vulnerable to slide further.

GBP/USD slips below key averages as geopolitical risks mount

GBP/USD fell about 0.35% on Tuesday, settling around 1.3350 after slipping below the 200-day Exponential Moving Average for the first time since early December. The pair has pulled back sharply from its late-January high near 1.3870, shedding over 500 pips in a series of lower highs and lower lows.

Gold rebounds ahead of US ADP, will it last?

Gold finds renewed Asian bids and retests $5,230 early Wednesday after the heavy sell-off on Tuesday. The US Dollar stands tall amid escalating Middle East tensions and reduced dovish Fed expectations. Gold defends $5,000 or 50% Fibo level after facing rejection at the 78.6% Fibo resistance at $5,342 amid bullish RSI.

Bitcoin, Ethereum and Ripple struggle for direction as consolidation persists

Bitcoin, Ethereum and Ripple prices trade with a cautious tone at the time of writing on Wednesday as upside momentum continues to fade across the broader crypto market. BTC remains within a parallel channel, ETH struggles below key resistance, while XRP remains fragile within a descending channel. These top three cryptocurrencies by market capitalization continue to struggle to establish a directional bias amid the consolidation phase.

Energy shock 2.0: Why rising Gas prices could hit the Euro

Even without a confirmed, sustained disruption, the mere risk to a key global energy chokepoint is enough to inject a significant premium into European Gas markets. And for the Euro, that matters.

Ripple falters amid sell-off jitters and negative funding rates

Ripple (XRP) has come under pressure, drifting lower to $1.35 at the time of writing on Tuesday. The over 2% correction looks poised to erase the previous day’s gains, which lifted the remittance token to $1.42.