EUR/NZD
EUR/NZD market insights
Pivot points are a technical indicator that traders use to predict upcoming areas of technical significance, such as support and resistance. They're calculated by averaging the high, low and closing prices of a previous period. That could be a day, a week or a month.
If a market is trading above its previous pivot point (known as P), it is seen as a bullish signal. If it is below, it is bearish.
Support and resistance levels are a core part of technical analysis, providing crucial insight into possible future price reversals.
When you trade your FOREX.com account on TradingView.com, you benefit from sharing ideas with their community of over 50 million traders, investors, and analysts in addition to their industry-leading charts and tools.
Whether you are new to trading or a seasoned investor, TradingView delivers on our joint mission to help anyone succeed in financial markets.
When it comes to trading, it’s just as important to assess your own behaviours as well as the market’s. More than a modern-day trading journal, simply log into our trading platform and select the Performance Analytics tab for in-depth insights on your strengths and weaknesses.
Economic calendar
EUR/NZD details
EUR/NZD is the ticker for the exchange rate between the euro and the New Zealand dollar. It tells traders how many NZ dollars are needed to buy a single euro. The pair is often called the Euro Kiwi.
Despite not being among the most liquid pairs on the market, EUR/NZD remains popular because the New Zealand dollar is widely considered a proxy for Chinese economic growth due to the large amount of exports NZ sends its way. This means that during periods of Chinese growth, EUR/NZD may fall as the Kiwi strengthens against the euro.
Another major factor that impacts the pair’s price is European Central bank meetings, which affect the strength of the euro on global markets.
| Margin from | 5.0 % |
| Min trade size | 1,000 |
| Long | -0.45 |
| Short | -0.4 |
| Min stop distance | 0.0 Points |
| Guaranteed order minimum | 0.018 Points |
Spreads
| Spreads from | 0.0004 Points |
Margins
| 0 - 39,000,000 | 5.0 % |
| 39,000,000 - 190,000,000 | 7.0 % |
| 190,000,000 + | 10.0 % |
Dealing
| Spreads from | 0.0004 Points |
Margins
| 0 - 39,000,000 | 5.0 % |
| 39,000,000 - 190,000,000 | 7.0 % |
| 190,000,000 + | 10.0 % |
Forex news
Forex explained
What is forex?
Forex trading has grown ever more popular with retail traders like you. But what is forex and how do you trade it?
How to trade forex
Want to know what a forex trade looks like? This section details how to place a forex trade on our platform.
Start forex trading
To begin forex trading with FOREX.com, simply follow our three-step guide to open an account and you could be placing your first forex trade in minutes.