Forex Currency - The New Zealand Dollar – NZD

NZ$

The New Zealand dollar is one of the most heavily traded currencies in the global forex market. There are around $5 billion NZD in circulation currently, with close to US$105 billion in New Zealand dollars traded daily on the global foreign exchange market. The Reserve Bank of New Zealand regulates the currency. The New Zealand dollar is traded and used as a reference currency in a lot of island territories in the South Pacific, like Tokelau, Nile, the Ross Dependency, Pitcairn Islands, and the Cook Islands.

 

New Zealand is a small country by population, but the New Zealand dollar is heavily traded in the international forex markets, because of the country’s large foreign bank base, high local interest rates, heavy foreign trade, and stable local economy.

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Did you know?

Did you know the coins and currency-pairs have nicknames?

The New Zealand Dollar is nicknamed Kiwi, which is actually the name of a flightless bird which is a national symbol of New Zealand.

See the latest analysis of the NZD pairs

NZD/USD H1 price action

Buy NZDUSD

NZD/USD | Long | H1 Timeframe: H1 Analysis Method: price action Analysis: Bullish flag pattern Look for a breakout Trade Plan: buy on breakout Risk

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NZD/USD H4 vol/wav

Buy NZDUSD

NZD/USD | Long | H4 Timeframe: H4 Analysis Method: vol/wav Analysis: Seems like after a mild retracement to 0.6000, the pair will continue upside momentum

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NZD/USD H4 vsa

Buy NZDUSD

NZD/USD | Long | H4 Timeframe: H4 Analysis Method: vsa Analysis: Rise in volume indicates potential reversal. Good to buy now and hold for the

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NZD/USD D1 NNFX

NZDUSD Long

NZD/USD | Long | D1 Timeframe: D1 Analysis Method: NNFX Analysis: Price action is above Kijun sen which acts as our baseline according to VP

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NZD/USD M15 demand zone 15 min

NZDUSD

NZD/USD | Long | M15 Timeframe: M15 Analysis Method: demand zone 15 min Analysis: tres posibles puntos de entrada en este par, arriesgando

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