NZD/USD IG Client Sentiment: For the first time since Feb 19, 2025…

Peter Vanderbuild
By Peter Vanderbuild

January 5, 2025   •   Fact checked by Dumb Little Man

The NZD/USD currency pair has seen a notable shift in trader sentiment, with retail trader data revealing that 50.26% of traders are now net-long, marking the first instance of a net-long position since February 19, 2025, when the NZD/USD was trading near 0.61.

This change in positioning indicates a slight increase in bullish sentiment among traders, as the ratio of traders long to short stands at 1.01 to 1. Since that pivotal date, the price of NZD/USD has experienced a modest ascent of 0.52%. Interestingly, the quantity of traders adopting a net-long stance has surged by 9.47% compared to the previous day and by 7.43% from the past week.

Conversely, the count of traders net-short has risen by 4.76% since yesterday, but it has declined by 1.72% from last week's figures.

This pivot towards a net-long orientation suggests a nuanced shift in market dynamics. Traditionally, a contrarian perspective to crowd sentiment implies that if the majority of traders are net-long, there might be a potential for prices to decline.

The current sentiment, coupled with recent shifts towards a more net-long bias among traders, strengthens the argument for a bearish outlook on the NZD/USD pair from a contrarian viewpoint. The increased net-long positions, both from the previous day and week, alongside a decrease in net-short positions from last week, underscore a growing optimism among traders.

However, this optimism, when viewed through a contrarian lens, could hint at an impending downward pressure on the NZD/USD prices, inviting traders to consider this sentiment shift in their strategies.

Traders are advised to keep a close watch on these dynamics as they navigate the forex market, adjusting their positions to align with the evolving sentiment and market trends.

Peter Vanderbuild
Peter Vanderbuild

Trevor Fields is a tech-savvy content strategist and freelance reviewer with a passion for everything digital—from smart gadgets to productivity hacks. He has a background in UX design and digital marketing, which makes him especially tuned in to what users really care about. Trevor writes in a conversational, friendly style that makes even the most complicated tech feel manageable. He believes technology should enhance our lives, not complicate them, and he’s always on the hunt for tools that simplify work and amplify creativity. Trevor contributes to various online tech platforms and co-hosts a casual podcast for solopreneurs navigating digital life. Off-duty, you’ll find him cycling, tinkering with app builds, or traveling with a minimalist backpack. His favorite writing challenge? Making complicated stuff stupid simple.

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