Trading the NZDUSD Forex Pair

Submitted by currenciesfx on Fri, 04/15/2022 - 14:50
Trading the NZDUSD Forex Pair

The New Zeeland Dollar against the US Dollar. NZDUSD is a highly-volatile Forex pair on a day-to-day basis. New Zealand is a major exporter of raw materials, and NZD is a commodity currency. 

NZDUSD TRADING

  • Best Time to Trade: during the Asian session {between 24:00 to 02:00 GMT & 06:00 to 08:00 GMT}
  • Best Months to go Long:  APRIL | DECEMBER | JUNE
  • Best Months to go Short:  AUGUST | MAY
  • Positive Correlations: EURUSD | AUDUSD

NZDUSD STATISTICS

Important statistics regarding NZDUSD.

Table: NZDUSD statistics

NZDUSD AVERAGE MONTHLY STATISTICS
 (JANUARY 2000 - SEPTEMBER 2018)
MONTH MONTHLY RETURNS BULLS      TIMES (↑) BEARS    TIMES (↓) VOLATILITY MOMENTUM  (ΔMP)
 (1) JANUARY -0.36% 11 8 1.12% -0.48%
 (2) FEBRUARY -0.03% 10 9 1.03% -0.42%
 (3) MARCH 0.26% 9 10 1.11% -0.03%
 (4) APRIL 0.90% 14 5 1.02% 0.31%
 (5) MAY -0.80% 7 12 1.10% -0.60%
 (6) JUNE 0.67% 12 7 1.11% 0.05%
 (7) JULY 0.14% 10 9 1.01% 0.17%
 (8) AUGUST -0.94% 7 12 1.13% -0.44%
 (9) SEPTEMBER 0.11% 11 8 1.15% -0.39%
(10) OCTOBER 0.46% 12 6 1.22% -0.30%
(11) NOVEMBER 0.15% 10 8 1.15% -0.62%
(12) DECEMBER 1.76% 11 6 0.96% 0.00%

Source: CurrenciesFx.com (G.P.)

NZDUSD TRADING

NZDUSD trading conditions.

NZDUSD TRADING ROBOFOREX LQDFX IC MARKETS
MINIMUM TRADING SPREAD 0.1 pip 1.1 pip 0.1 pip
TRADING COMMISSIONS $4.0 / ROUNDED LOT NO $7.0 / ROUNDED LOT
PLATFORMS MT4 / MT5 / cTrader / R Stocks Trader MT4 MT4 / MT5 / cTrader
AUTOMATED TRADING YES YES YES | FIX/API
PAMM ACCOUNTS YES YES YES
TRADING LEVERAGE 30:1 (EU) to 500:1 30:1 (EU) to 500:1 30:1
ORDER EXECUTION MODEL ECN STP ECN/STP
MINIMUM DEPOSIT & FUNDING OPTIONS
  • $10 for Cent Accounts & $5,000 for Prime Accounts
  • Wire, Cards, Neteller, Skrill, WebMoney, PerfectMoney
  • $20
  • Wire, Cards, Neteller, Skrill, FasaPay, UnionPay, UPaid
  • $200 FOR MT4/MT5
  • $1,000 for cTrader
  • Wire, Cards, Neteller, Skrill, WebMoney
REGULATION
  • IFSC
  • NO
  • ASIC (Australia)
PROMOTIONS
  • FREE VPS
  • TRADING CONTESTS
  • WELCOME BONUSES
  • 100% Cash Bonus (excluding PAMM)
  • Up to 20,000 USD
  • FREE VPS
WEB PAGE » ROBOFOREX » LQDFX » IC MARKETS

 

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 NZDUSD

Researched and Edited by G. P. for CurrenciesFx.com (c)