17–24Oct 2026
NZD/USD Weekly Forecast: 17–24 October 2026
The weekly bias is bearish on D1 structure, but positive momentum and bullish H4 price action leave room for countertrend pressure before the D1 thesis is tested.
Invalidated outlook · 24–31 Oct 2026
NZD/USD has a neutral weekly outlook as bearish D1 structure conflicts with bullish H4 positioning and mixed momentum around 0.56967.
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The weekly bias is bearish on D1 structure, but positive momentum and bullish H4 price action leave room for countertrend pressure before the D1 thesis is tested.
The weekly bias is bearish, supported by D1 trend and negative momentum, but mixed closes and neutral H4 conditions keep consolidation risk material.
NZD/USD (NZDUSD) maintains a bearish stance near key support at 0.55916, though an oversold daily RSI of 22.47 highlights stretched downside conditions ahead of pivotal economic data.
NZD/USD stays biased to the downside near 0.56606, supported by negative MACD signals and an oversold RSI. Support sits at 0.56482 while resistance remains caped at 0.5986.