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
- The New Zealand Dollar is the official currency of New Zealand, Tokelau, Cook Islands, Pitcairn Islands, and Niue
- NZDUSD accounts of about 1.9% of the toal Forex market volume
■ NZDUSD TRADING INFO
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Best Time to Trade: during the Asian session {between 24:00 to 02:00 GMT & 06:00 to 08:00 GMT}
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Best Months to go Long: APRIL | DECEMBER | JUNE
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Best Months to go Short: AUGUST | MAY
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Positive Correlations: EURUSD | AUDUSD
■ NZDUSD STATISTICS
Important statistics regarding NZDUSD.
Table: NZDUSD statistics (JANUARY 2000 - SEPTEMBER 2018)
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NZDUSD AVERAGE MONTHLY STATISTICS |
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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% |
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(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% |
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(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.
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NZDUSD TRADING |
ROBOFOREX |
LQDFX |
IC TRADING |
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MINIMUM TRADING SPREAD |
1.3 pip |
1.1 pip |
0.1 pip |
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TRADING COMMISSIONS |
NO |
NO |
$7.0 / ROUNDED LOT |
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PLATFORMS |
MT4 / MT5 / cTrader / R Stocks Trader |
MT4 |
MT4 / MT5 / cTrader |
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AUTOMATED TRADING |
YES |
YES |
YES | FIX/API |
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PAMM ACCOUNTS |
YES |
YES |
NO |
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TRADING LEVERAGE |
30:1 (EU) to 500:1 |
30:1 (EU) to 500:1 |
30:1 (EU) to 500:1 |
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ORDER EXECUTION MODEL |
ECN |
STP |
CFD Provider |
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MINIMUM DEPOSIT & FUNDING OPTIONS |
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REGULATION |
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PROMOTIONS |
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» LQDFX |
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■ The New Zeeland Dollar against the US Dollar (NZDUSD)
Researched and Edited by G. P. for CurrenciesFx.com (c)
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