- Trading
- Instrument Specifications
- Currency Pairs
- NZD / USD Investing
Trade New Zealand dollar Dollar with IFCM
NZD/USD Forex Trading Conditions
Options | Standard-Fixed & Floating | Beginner-Fixed & Floating | Demo-Fixed & Floating |
---|---|---|---|
Fixed spread, pip | 3 | 3 | 3 |
Floating Spread, pip | 2.4 | 2.4 | 3 |
Order distance, pip | 6 | 6 | 6 |
Swap, pip (Long/Short) | -0.28 / -0.14 | -0.28 / -0.14 | -0.28 / -0.14 |
Digits | 0.0001 | 0.0001 | 0.0001 |
Available volumes | >=10000.00 NZD | 100.00 – 100000.00 NZD | >=100.00 NZD |
Contract size | -/- | -/- | -/- |
1 pip value per 100000 | 10 USD | 10 USD | 10 USD |
Options | Standard-Fixed | Micro-Fixed | Demo-Fixed | PAMM-Fixed |
---|---|---|---|---|
Fixed spread, pip | 3 | 3 | 3 | 3 |
Order distance, pip | 6 | 6 | 6 | 6 |
Swap, pip (Long/Short) | -0.28 / -0.14 | -0.28 / -0.14 | -0.28 / -0.14 | -0.28 / -0.14 |
Digits | 0.0001 | 0.0001 | 0.0001 | 0.0001 |
Available volumes | 0.1 – 10000 lot | 0.01 – 1 lot | 0.01 – 10000 lot | 0.01 – 10000 lot |
Lot size | 100000 NZD | 100000 NZD | 100000 NZD | 100000 NZD |
1 pip value per 1 lot | 10 USD | 10 USD | 10 USD | 10 USD |
Options | Standard-Floating | Micro-Floating | Demo-Floating | PAMM-Floating |
---|---|---|---|---|
Floating Spread, pip | 2.4 | 2.4 | 3 | 2.4 |
Order distance, pip | 6 | 6 | 6 | 6 |
Swap, pip (Long/Short) | -0.28 / -0.14 | -0.28 / -0.14 | -0.28 / -0.14 | -0.28 / -0.14 |
Digits | 0.0001 | 0.0001 | 0.0001 | 0.0001 |
Available volumes | 0.1 – 10000 lot | 0.01 – 1 lot | 0.01 – 10000 lot | 0.01 – 10000 lot |
Lot size | 100000 NZD | 100000 NZD | 100000 NZD | 100000 NZD |
1 pip value per 1 lot | 10 USD | 10 USD | 10 USD | 10 USD |
NZD/USD Trading Hours
NZD/USD trading hours are the time when investors can buy and sell NZD/USD. The NZD/USD is traded on multiple exchanges around the world. This means that investors have many different opportunities to trade NZD/USD during different trading hours. Depending on where you live, you may be able to trade NZD/USD at any time throughout the day or night. For those who want to take advantage of these opportunities, it is important to know when NZD/USD trading hours begin and end.
NZD/USD Technical Analysis
The technical analysis of the NZDUSD price chart on 4-hour timeframe shows NZDUSD,H4 is rising above the 200-period moving average MA(200) as it rebounded following a retreat to five-year low four sessions ago. RSI indicator is in overbought zone. We believe the bullish movement will continue after the price breaches above the upper bound of the Donchian channel at 0.59369. A level above this can be used as an entry point for placing a pending order to buy. The stop loss can be placed below 0.58214. After placing the order, the stop loss is to be moved to the next fractal low indicator, following Parabolic signals. Thus, we are changing the expected profit/loss ratio to the breakeven point. If the price meets the stop loss level without reaching the order, we recommend cancelling the order: the market has undergone internal changes which were not taken into account.
Fundamental Analysis of Forex - NZD/USD
Food prices inflation accelerated in New Zealand. Will the NZDUSD price rebound persist?
Food prices inflation accelerated in New Zealand in March: the Food Price Index (FPI), reflecting the change in the price of food and food services purchased by households in New Zealand, jumped 3.5% over year in March, up from 2.4% in February. It is the highest inflation rate in the last 13 months. Grocery food, and meat, poultry, and fish categories drove the increase, with prices up 5.1% and 5.3%, respectively. Food prices index rose 0.5% over month after 0.5% decline in February. Accelerating New Zealand food prices inflation in bullish for New Zealand dollar and NZDUSD pair.
Indicator | Signal |
RSI | Sell |
MACD | Buy |
Donchian Channel | Buy |
MA(200) | Buy |
Fractals | Buy |
Parabolic SAR | Buy |
The NZD/ USD is the world’s 10th most traded currency pair and it is known as 'The Kiwi', because the $1 coin depicts a kiwi bird. Kiwi appreciation became popular during the multi-decade commodity boom and it got so high that the Reserve Bank of New Zealand intervened in 2012 in order to devalue New Zealand Dollar.
"NZDUSD Trading
The NZDUSD is the world’s 10th most traded currency pair and it is known as 'The Kiwi', because the $1 coin depicts a kiwi bird. Kiwi appreciation became popular during the multi-decade commodity boom and it got so high that the Reserve Bank of New Zealand intervened in 2012 in order to devalue New Zealand Dollar. This pair presents how many dollars are needed to trade NZDUSD. For a deeper understanding how to trade currency pairs, for example NZDUSD, you will need to know about bid and ask, pips and more, we suggest to start from basics "What is Forex Trading".
Currency Pair NZDUSD | Forex | Major
The New Zealand dollar (NZD, “Kiwi”) is the 10th most traded currency in the world. The issuer is the Reserve Bank of New Zealand.
- Is often involved in trading operations as New Zealand is supporting high interest rates, as a rule
- Depends on commodity exports, particularly on food trade.