EUR/NZD forecast for today by Traders Union analysts
EUR/NZD is a pair that belongs to the category of crosses (in respect of the U.S. dollar) or minors in the Forex market. Euro acts as the base currency of the pair, and the New Zealand dollar is the quoted currency. Although the U.S. dollar is not a part of the pair, it has a significant impact on the quote.
Notably, the EUR/NZD pair is not a major currency pair in the Forex market. The situation in the Forex market, commodity, and food prices set the general trend for the exchange rate.
The liquidity of the pair is rather small, and the spreads are high for the existing volatility (usually up to 20 points), which should be considered by traders. It will be difficult for those who prefer scalping on short time frames to make a profit.
TU experts use various methods of technical analysis, including support/resistance levels, indicators, chart figures, and patterns, to make the EUR/NZD forecast. This helps traders determine the approximate price movement in the near future.
EUR/NZD continues to be bought from support
01.07.2025
The euro was once again bought against the New Zealand dollar from 1.9280 support, and amid continued demand, bulls are currently testing 1.9350 resistance. A break above this resistance would increase the chances of surpassing 1.9380 resistance and testing 1.9420–1.9430; otherwise, bears may again target support.
EUR/NZD falls again
26.05.2025
Lack of progress from euro bulls against the New Zealand dollar triggered long liquidation from 1.9140–1.9150 resistance, sending the pair down to 1.8910 for now. The break of 1.9160/40 support suggests a decline toward 1.8890–1.8850. Attempts to rebound toward 1.9140/60 may be used for selling, but a break above this level would lead to a move toward 1.9010.
EUR/NZD recovering after decline
14.05.2025
Remaining under pressure against the New Zealand dollar, the euro broke 1.8860 support and tested 1.8815 support, where it was bought back, and bulls are now attempting to push the pair above the 89th figure. Below it, downside risks toward 1.8860–1.8830 persist, but a move through 1.8860, now acting as resistance, increases the chances of a break higher and growth toward 1.8930–1.8950.
EUR/NZD bought on the dip
09.05.2025
The euro’s decline against the New Zealand dollar toward 1.8980 support attracted buying interest, pushing the pair through 1.9060 resistance and testing 1.9090. Bulls may next test 1.9130–1.9140 resistance; a loss of 1.9060 support would lead to a decline toward 1.9020–1.9000.
EUR/NZD trades mixed
02.05.2025
Against the New Zealand dollar, the euro is trading mixed, alternating between testing 1.9130–1.9150 resistance and 1.9040 support. At this stage, the risks of a break of support and a decline toward 1.9000–1.8950 prevail; a break of resistance would lead to a rise toward 1.9180–1.9200.
EUR/NZD recovered after decline
01.05.2025
The euro extended its decline against the New Zealand dollar but was bought on the dip to 1.9010, with bulls testing 1.9135 resistance. However, pressure on the pair remains, and bears may break below 1.9070 again to test 1.9040–1.9010. A move through 1.9120 would increase the chances of breaking 1.9135 and rising toward 1.9170–1.9200.
EUR/NZD in a range
29.04.2025
Following buying interest from 1.9030 support, the euro attempted to break through 1.9140 resistance, but all efforts have so far failed. In the short term, the pair may remain within the current range, and a break would determine the next direction. Trade wars are negative for both the euro and the New Zealand dollar.
EUR/NZD bought on the dip
25.04.2025
In the pair with the New Zealand dollar, euro bears failed to break 1.8930 support, and after testing 1.8913, the pair returned to 1.9080 resistance. Selling may resume here with a target at the psychological level of 1.9000; a break of resistance would lead to a rise toward 1.9130–1.9150.
EUR/NZD under pressure after upward bounce
24.04.2025
Sales in favor of the New Zealand dollar led to the euro falling to 1.8930 support, but buying from this level returned the pair to 1.9090 resistance. Bulls cannot break it at this stage, indicating the risk of breaking 1.9000 support and a decline to 1.8960–1.8940. Clearing resistance would lead to a rise toward 1.9130–1.9150.
EUR/NZD under selling pressure
23.04.2025
The euro remains under pressure against the New Zealand dollar, having broken 1.9125 support and declined toward support near the psychological level of 1.9000, from which it bounced back to 1.9080 resistance. Attempts to rise might be used for selling again and renewed pressure on support. A break of current resistance would lead to a rise toward 1.9160–1.9200, where bears might also become active.
EUR/NZD under pressure after rally
22.04.2025
After breaking 1.9250 resistance, the euro managed to extend gains against the New Zealand dollar only to 1.9295, where it was sold again, pulling it back to 1.9130 support. A rebound from this level could trigger another attempt to rise toward 1.9200; a loss of support would lead to a decline toward 1.9080.
EUR/NZD recovering after decline
18.04.2025
The euro’s drop against the New Zealand dollar was halted by support around the psychological level of 1.9000. Buying interest emerged here, pushing the pair back toward 1.9190–1.9200 resistance. Another round of selling and a move down to 1.9130–1.9100 is possible from this area; a break of resistance would open the way toward 1.9260.
EUR/NZD failed to break resistance
17.04.2025
The euro's recovery against the New Zealand dollar was limited by 0.9260 resistance, from which the pair declined to 1.9165 support at the moment. Bears may test 1.9120–1.9100 support next, where the euro may find buyers. A return above 0.9200 would lead to a rise toward 0.9240–0.9260. In the short term the pair may remain within the current range.
EUR/NZD rebounded after drop
16.04.2025
The euro was bought back from 1.9050 support against the New Zealand dollar. As a result of the recovery, the euro broke 1.9160 resistance and tested 1.9240 resistance. This rebound may be used for selling and a test of 1.9160 at minimum; a break of resistance would lead to a rise toward the 93rd figure.
EUR/NZD continues to fall
15.04.2025
Liquidation of short positions in the New Zealand dollar continues, and against this background the euro broke the support levels of 1.9280 and 1.9240 and tested the level of 1.9145. The level of 1.9240 now acts as resistance, and due to selling from it the bears have now broken the support at 1.9145, which suggests a decline towards 1.9100. Passage of 1.9180 will lead to a rise towards 1.9220-1.9240.
EUR/NZD declines after rising
14.04.2025
The growth of the euro against the New Zealand dollar was stopped by resistance near 1.9750, where the pair was again under pressure, forcing it to retreat to support at 1.9355 for the moment. Risks of a larger correction have increased significantly, but from current levels, growth attempts towards 0.9400-0.9450 are still possible; loss of support will lead to a decline towards 1.9250.
EUR/NZD attempting to extend recovery
10.04.2025
Amid rising risk appetite, the euro was sold against the New Zealand dollar from the psychological level of 2.000 and dropped to 1.9240 support. Bulls are currently challenging 1.9500 resistance, and a breakout would ensure a rise toward 1.9550–1.9600. Otherwise, a break of 1.9410 support and a decline toward 1.9340 should be expected.
EUR/NZD tests 1.9400
04.04.2025
A sell-off in commodity currencies allowed the euro to reach 1.9400 resistance against the New Zealand dollar. The pair is currently under pressure, retreating to 1.9285 support, but this pullback may be used for buying. A loss of support would result in a decline toward 1.9220-1.9200.
EUR/NZD bought on drop
03.04.2025
The euro was bought against the New Zealand dollar on a dip to 1.8800 support, from which the pair rose to 1.9040 resistance. Bears may step in at current levels and test 1.8940-1.8900 support. Breaking resistance would drive a rise toward 1.9100.
EUR/NZD drops further
02.04.2025
Amid profit-taking on short positions in the New Zealand dollar, the euro is under selling pressure, losing several support levels and testing 1.8806. The loss of 1.8840 support suggests a decline toward 1.8740-1.8720, where the pair may see buying. A recovery above 1.8840 would allow bulls to test 1.8880-1.8900.
EUR/NZD declines after rise
01.04.2025
The euro once again tested but failed to break 1.9100 resistance against the New Zealand dollar, leading to a drop to 1.9030 support. The nearest resistance is now at 1.9070, below which the risk of breaking support and declining toward 1.9000-1.8970 remains. Clearing resistance would drive a rise toward 1.9100.
EUR/NZD soars to 1.9095
31.03.2025
Amid risk-off sentiment, which weighs on commodity currencies, the euro broke 1.9000-1.9020 resistance and soared to 1.9095 against the New Zealand dollar. Thus, the pair reached rather strong resistance, where bears may become moderately active and push the euro down toward 1.9020-1.9000. A break above resistance would drive a rise toward 1.9150.
EUR/NZD also sold on rise
28.03.2025
The euro’s recovery against the New Zealand dollar was capped by 1.8880-1.8900 resistance, from which the pair declined to 1.8835 support. Breaking below it would result in a decline toward 1.8800-1.8770, while clearing 1.8850 would lead to a rise toward 1.8880-1.8900. The risk of a decline currently prevails.
EUR/NZD consolidates after drop
27.03.2025
Euro bears are unsuccessfully attempting to break 1.8730 support against the New Zealand dollar, but bulls are also unable to overcome 1.8790 resistance. As a result, the pair remains in a consolidation phase, where bears’ inability to break support increases the chances of a resistance break and a rise toward 1.8820–1.8840. A loss of support would result in a decline toward 1.8700.
EUR/NZD sells off
26.03.2025
Remaining under selling pressure against the New Zealand dollar, the euro broke 1.8820 support and declined to 1.8730 support. Bulls are currently testing 1.8770 resistance. A break above it would drive a rise to 1.8800-1.8820, where bears may step in. Otherwise, the pair will return to support.
EUR/NZD remains under selling pressure
25.03.2025
Selling the euro against the New Zealand dollar on a rise to 1.8930 resistance allowed bears to test 1.8860 support. After a rebound to 1.8880, support was broken, suggesting a further decline toward 1.8800. Clearing 1.8880 resistance would lead to a rise toward 1.8900-1.8930.
EUR/NZD bought on decline
24.03.2025
After finding support at 1.8810 against the New Zealand dollar, the euro tested 1.8930 resistance. Below this level, the risk of a drop to at least 1.8870-1.8840 is increasing. Clearing resistance would drive a rise toward 1.8960-1.9000.
EUR/NZD sold on rise
21.03.2025
The euro was sold against the New Zealand dollar on a rise to 1.8920 resistance, from which the pair declined to 1.8810 support. From here, bulls may attempt to test 1.8850-1.8860 resistance. A loss of support would result in a decline toward 1.8780-1.8750.
EUR/NZD bought on drop
20.03.2025
Buying the euro against the New Zealand dollar on a drop to 1.8720 lifted the pair to 1.8925 resistance. The nearest support is now at 1.8880, from where bulls may attempt to break resistance and test 1.8950. A loss of support would result in a decline toward 1.8850-1.8830.
EUR/NZD tests 1.8860
19.03.2025
As part of its recovery against the New Zealand dollar, the euro broke 1.8825 resistance and reached 1.8860. This rise was used for selling, and bears are currently testing 1.8825 support. To resume rising, the euro must hold above this level. Otherwise, a further decline toward 1.8790-1.8750 should be expected.
EUR NZD Chart
{{filterName}}
{{typeName}}
What is the purpose of the EUR/NZD forecast?
EUR/NZD is a cross pair. It is necessary to take into account the influence of the U.S. dollar, as it is involved in currency conversion for buy/sell transactions. It is important for inexperienced traders not only to find the forecast but also correctly read it. The pair will grow when the euro strengthens, and if the New Zealand dollar strengthens, the price will drop.
The peak of trading activity for the EUR/NZD pair falls on Friday, and Tuesday is the quietest day. Trading is active both during the Pacific and European sessions. Trading is quieter during the U.S. session, but you also shouldn’t expect a flat. Some days show significant volatility. The EUR/NZD pair has a reversion correlation with NZD/CHF, GBP/USD, and NZD/USD.
Technical analysis by TU experts will help you make the right trading decision. In addition, the following factors capable of impacting the price performance, need to be taken into account:
- Monetary policy in the eurozone and New Zealand;
- Economic indicators of the countries and their trade balances;
- The prices of agricultural and commodity products (they influence the NZD price).
FAQ
1
Does the U.S. dollar have an influence on EUR/NZD?
Despite the fact that the U.S. dollar is not a part of the EUR/NZD pair, it has a direct impact on the quote, as it is involved in the currency conversion for buy/sell transactions.
2
How is the EUR/NZD forecast made?
Traders Union analysts use technical analysis for making the EUR/NZD forecast for each trading day. In particular, they analyze support and resistance levels, patterns, technical
indicators, etc.
3
What other factors should be taken into account when trading EUR/NZD?
When trading the EUR/NZD pair, it is important to correctly interpret technical analysis, consider the influence of the U.S. dollar (as it is a cross pair for it), and also such factors as monetary policies and economic indicators of New Zealand and the European Union, trade balances and agricultural and commodity prices.
4
Is EUR/NZD suitable for scalping?
The EUR/NZD pair is not particularly suitable for fans of scalping for two reasons: low volatility and rather high spreads. It will be difficult to make a profit in short time frames.