16.09.202612:03 Forex Analysis & Reviews: NZD/USD. Higher US Interest Rates May Put Pressure on the Pair

Relevance up to 08:00 2026-09-18 UTC+00

This information is provided to retail and professional clients as part of marketing communication. It does not contain and should not be construed as containing investment advice or investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance. Instant Trading EU Ltd. makes no representation and assumes no liability as to the accuracy or completeness of the information provided, or any loss arising from any investment based on analysis, forecast or other information provided by an employee of the Company or otherwise. Full disclaimer is available here.

Markets have focused all their attention on the Federal Reserve's monetary policy decision. Expectations of an interest rate hike by the US central bank could put significant pressure on the pair by strengthening the US dollar in the Forex market.

Investors are also focused on New Zealand's Q2 GDP data, which will be released on Thursday. Only moderate growth compared with the previous quarter is expected. For now, markets are expecting another RBA rate hike at its October meeting, despite some central bank members previously indicating a slower pace of rate increases.

From a technical perspective, the pair is trading below the strong resistance level of 0.5755.

Technical Picture and Trading Idea:

The price is below the middle line of the Bollinger Bands, above the SMA 5, but below the SMA 14. The RSI is below the 50% level and moving horizontally. The Stochastic is below the 50% level and is attempting to turn upward.

The pair may fall to 0.5635. The 0.5738 level could serve as an entry point for selling. SL – 0.5791.

Back to the list

Open trading account

InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.