Afterprime / Live Spreads / Forex / Trade NZDJPY CFD

NZDJPY New Zealand Dollar vs Japanese Yen

CFD Forex

Forex

Minor Forex-Minor OTC
Sell NZD
Buy NZD

Why Trade NZDJPY?

  • Spreads from 0.0pips
  • Fast Execution < 1ms
  • Full Trade Receipts
  • $0 Fee Deposits
  • Webtrader (MT4)
  • TradingView
  • TraderEvolution

What is New Zealand Dollar vs Japanese Yen / NZDJPY?

NZDJPY is the ticker symbol for New Zealand Dollar vs Japanese Yen. NZDJPY is a Forex CFD. The NZD/JPY currency pairing is a representation of the amount of Japanese Yen (JPY) that can be bought for every New Zealand dollar (NZD).

The standard contract size for NZDJPY is 100000 with max lots of 1000 tradeable in 0.01 lot increments.

NZDJPY Product Specification

Contract Size
100000
Margin Currency
NZD
Profile Currency
JPY
Pip Value
1000
Asset Class
Sector
Minor
Sub-Sector
Forex-Minor
Expiry
Perpetual
Max Lots
1000
Minimum Size
0.01
Step
0.01
3-Day Swap
Wednesday
Product Specs

NZDJPY Sessions

Exchange
OTC
Market Hours
24 Hrs
Expiry
Perpetual
Monday
00:01-23:59
Tuesday
00:01-23:59
Wednesday
00:01-23:59
Thursday
00:01-23:59
Friday
00:01-23:57
Saturday
Closed
Sunday
Closed
Time Zone
GMT +2 / GMT +3

NZDJPY Platform Access

Price Feed
Desktop
Web
Mobile
FIX API
Scalping / News
Automated Trading
Day Trading

Popular NZDJPY FAQs

What is the minimum trade size for NZDJPY?

The minimum trade size for NZDJPY is 0.01

What is the maximum trade size I can open on NZDJPY?

1000 lots

How do you analyze NZDJPY?

You analyze the NZDJPY forex pair the same as any other market, by a combination of technical analysis, trend analysis, and any pertinent fundamental analysis or information that is available. You should think of the NZD as the "anti-JPY", as if the JPY is soft, it generally means that there is a strengthening NZD, and vice versa.

Is CFD trading risky?

CFD trading is extremely risky. Trading any leveraged product carries significant risk as you have the ability to open positions that are far larger than your account balance.

What leverage do we offer on Forex?

We offer competitive leverage rates which are determined by the Afterprime entity you register with.

What is the value of one Forex point?

One Forex point is normally = to 1000 unit of base currency. For instance, one Forex point of NZDJPY is = to 1000 NZD.

NZDJPY Trading Strategies

The New Zealand dollar (NZD) is a highly traded currency, particularly against the Japanese yen (JPY).

Trend Trading

One of the most effective NZDJPY trading strategies is trend trading. This involves riding the waves of the market by buying low and selling high. To find trends, you can use trend lines, support and resistance levels, and moving averages. When you identify a trend, you can enter a trade in the direction of the trend and ride it until it reverses. Remember to always use stop losses to protect your capital.

Scalping

Scalping is a short-term trading strategy that involves taking quick profits on small price movements. For this strategy to be effective, you need to have a good understanding of technical analysis and be able to read charts quickly. To scalp the NZDJPY, you can look for reversals at key support and resistance levels. When you see a potential reversal setup, you can enter a trade and take a small profit as the price reverses course. Once again, stop losses are essential to protect your capital.

Breakout Trading

Breakout trading is another great strategy for trading the NZDJPY pairs. This strategy involves riding breakout Candlestick patterns such as the Bullish Engulfing pattern or the Morning Star pattern. When you see these patterns forming at key support or resistance levels, it is often a good indication that a breakout is about to occur. You can enter your trade in the direction of the breakout and aim for a quick profit.

These are just three of the many different NZDJPY trading strategies that you can use to trade this popular currency pair. The key is to find a strategy that works well for you and stick with it.

Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.

NZDJPY Trading Strategies.

The Afterprime liquidity mix for the forex market has been specially designed to cater for all forex trading styles. Enjoy trading on NZDJPY with fast speeds and low costs.

Scalpers

Low Costs

News Traders

STP Execution

HFTs

Execution From < 1ms

Expert Advisers

No restrictions

Swing traders

Low financing

Large Traders

Deep sweepable liquidity

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Customer Notice

Trading CFDs and FX is high risk and not suitable for all investors. Losses can exceed your initial investment. Any Information or advice contained on this website is general in nature and has been prepared without taking into account your objectives, financial situation, or needs. Our Risk Disclosures and Legal documents should be considered before deciding to enter into any derivative transactions.

The information on this site is not directed at residents of the following countries: Australia, United States, China, New Zealand, Japan, and is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.

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