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
Octa trading broker
Open trading account
Trading news
Back
14 May 2025

AUD/NZD Price Analysis: Pair Holds Bullish Tone Ahead of Asian Session

  • AUD/NZD trades near the 1.09 zone, maintaining a modest bullish tone.
  • Momentum remains mixed, with short-term averages supporting the upside.
  • Key support sits near 1.0880, with resistance around 1.0920 and 1.0950.

The AUD/NZD pair is trading around the 1.09 zone ahead of the Asian session on Tuesday, reflecting a slight bullish tone with minor gains on the day. The pair remains within the mid-range of its recent fluctuation, signaling a stable but cautious upward bias as traders assess broader market dynamics. Key technical indicators suggest a mixed picture, with shorter-term signals supporting the current trend while longer-term averages hint at potential headwinds.

From a technical standpoint, the Relative Strength Index (RSI) hovers in the 60s, reflecting neutral conditions, while the Moving Average Convergence Divergence (MACD) supports ongoing buy momentum. The Ultimate Oscillator (7, 14, 28) also remains in the 60s, adding to the stable but cautiously positive outlook. Meanwhile, the Average Directional Index (14) in the 20s signals a lack of clear directional strength, aligning with the neutral reading of the Stochastic RSI Fast (3, 3, 14, 14), which rests in the 100s.

Short-term moving averages, including the 10-day Simple Moving Average (SMA) and 10-day Exponential Moving Average (EMA), align with the broader buy signals, further reinforcing the pair's current bullish stance. However, the 100-day and 200-day SMAs suggest a more cautious long-term outlook, reflecting underlying selling pressure that could limit further upside.

Immediate support levels are identified near 1.0881, followed by 1.0876 and 1.0868. On the upside, resistance is likely around 1.0924, with stronger barriers at 1.0947 and 1.0974, potentially capping gains in the near term.

Daily Chart

May 14, 2025

Mexican Peso hits YTD high as US CPI miss, tariff truce sink USD

The Mexican Peso (MXN) rallied to a new year-to-date (YTD) high against the US Dollar (USD) after a softer-than-expected inflation report in the United States (US) weighed on the Greenback. Also, an improvement in risk appetite boosted the emerging market (EM) currency’s appeal.
Read more Previous
May 14, 2025

GBP/USD enters a choppy phase as market sentiment churns

GBP/USD caught a bid on Tuesday, rebounding above the 1.3300 handle and reversing early week losses as global markets tilt and twist around general Greenback flows based on broad-market sentiment.
Read more Next