Euro/New Zealand Dollar Financial Spread Betting and Trading Guide with Charts and Prices
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EUR/NZD Spread Betting Guide

EUR/NZD Spread Betting



Where Can I Spread Bet on EUR/NZD?


Investors can speculate without brokers' fees or commissions on EUR/NZD, as well as a variety of other related spread betting markets, via providers like:

EUR/NZD Market Analysis and Trading News


Date Trading Update
09-Oct-17 [12:48pm]

EUR/NZD Daily Trading Update

  • EUR/NZD is currently trading at NZ$1.65828.
  • In the last session, the market closed NZ$0.00639 (0.39%) higher at NZ$1.66043.
30 Minute Chart Analysis

Rising Forex Pair The currency pair is above the 20 period MA of NZ$1.65816 and above the 50 period MA of NZ$1.65676.

1 Day Chart Analysis

Rising Forex Pair The market is trading above the 20 DMA of NZ$1.63850 and above the 50 DMA of NZ$1.63831.

Update by Gordon Childs, Editor, CleanFinancial

» More forex trading views and analysis.

Readers please note:


Where Can I Find Live Spread Betting Prices and Charts for EUR/NZD?


The live CFD chart and prices below offers readers a nice guide to the EUR/NZD currency market.


The above chart from Plus 500 typically uses the near-term EUR/NZD futures contract.

To review spread trading charts and the current pricing for EUR/NZD, you can use a spread betting account.

A spreads account would also let you speculate on the short-term daily markets. Note that opening such an account is subject to status, credit and suitability checks.

If your new account is approved then you will be able to log on and access the real-time trading charts and prices. These are usually provided as part of the service. Having said that, you could get the occasional sales email or call from the spread betting provider.

Of course, if you want to trade then you should remember that financial spread betting and contracts for difference involve a high level of risk to your funds and you can lose more than your initial investment.

Professional Level Charting Packages for EUR/NZD


Although the charting packages can differ from platform to platform, in order to assist you with your analysis, the majority of charts have handy features, including:
  • A number of different intervals - 5 minutes, 15 minutes, 4 hours etc
  • Various chart views - candlestick charts and line charts
  • Drawing tools and features - Trendlines and Fibonacci Retracements

Charts with FinancialSpreads.com also have more advanced features, including:
  • Custom Indicators and Back Testing tools
  • Important overlays - Ichimoku Cloud, Moving Average, Chande Kroll Stop etc
  • Indicators - Momentum Percentage, Elder Rays, Volume Index etc
  • Automatic alerts when a market hits a certain level

Sample FX candlestick chart

EUR/NZD Trading Guide - Example Chart


The following firms let their account holders have access to live trading charts and prices:
Advert: EUR/NZD Spread Betting, sponsored by FinancialSpreads.com.
You can spread bet on EUR/NZD with Financial Spreads.


Where Can I Spread Bet on EUR/NZD for Free?


Investing isn't risk free, however, if you want to open an entirely free Test Account, that allows you to try out spread betting and access trading charts, see below for further details.

When considering which trading option is right for you, also remember that, in the UK, spread trading is currently exempt from income tax, stamp duty and capital gains tax*.

If you are trying to find a free financial spread betting website, you should note that investors can take a view on EUR/NZD without paying any brokers' fees through providers like:

Free Demo Account


If you'd like to open a completely free Test Account where users can try spread betting, including trading markets such as EUR/NZD, then consider: The above firms currently provide a Demo Account that investors can use to apply a host of orders, study charts and try out new trading ideas.


How to Spread Bet on EUR/NZD

How to Spread Bet on EUR/NZD?


As with a wide range of financial markets, an investor can spread bet on foreign exchange rates, like EUR/NZD, to go up or down.

Looking at Selftrade Markets, we can see they are currently showing the EUR/NZD Rolling Daily market at NZ$1.57130 - NZ$1.57290. As a result, an investor could put a spread bet on the EUR/NZD pair:

  EUR/NZD Trading Example Going higher than NZ$1.57290, or
  EUR/NZD Spread Trading Example Going lower than NZ$1.57130

When placing a spread bet on EUR/NZD you trade in £x per point where a point is NZ$0.00010 of the pairs movement. As a result, if you decide to invest £4 per point and EUR/NZD moves 28.0 points then that would alter your bottom line by £112. £4 per point x NZ$0.00280 = £4 per point x 28.0 points = £112.

Rolling Daily Forex Markets

One thing to note is that this is a Rolling Daily Market which means that there is no settlement date for this market. You do not have to close your trade, should it still be open at the end of the trading day, it will roll over to the next trading day.

If you do let your forex trade roll over then you are normally charged a small financing fee. For a more detailed breakdown of Rolling Daily Markets please read our article Rolling Daily Spread Betting.


EUR/NZD Trading Example 1


If we take the above spread of NZ$1.57130 - NZ$1.57290 and assume that:
  • You have done your forex market analysis, and
  • Your analysis leads you to think the EUR/NZD rate will push above NZ$1.57290
Then you could decide that you want to buy at NZ$1.57290 for a stake of, let’s say, £2 per point.

So, you gain £2 for every point (NZ$0.00010) that the EUR/NZD rate moves higher than NZ$1.57290. However, such a bet also means that you will make a loss of £2 for every point that the EUR/NZD market goes lower than NZ$1.57290.

Looking at this from another angle, should you ‘Buy’ a spread bet then your profits (or losses) are found by taking the difference between the settlement price of the market and the price you bought the market at. You then multiply that difference in price by your stake.

Therefore, if after a few trading sessions the rate started to move upwards then you could choose to close your position in order to secure your profit.

If that happened then the spread, set by the spread trading firm, might move up to NZ$1.58234 - NZ$1.58394. To close your trade you would sell at NZ$1.58234. As a result, with the same £2 stake you would make:

P&L = (Final Value - Opening Value) x stake
P&L = (NZ$1.58234 - NZ$1.57290) x £2 per point stake
P&L = NZ$0.00944 x £2 per point stake
P&L = 94.4 points x £2 per point stake
P&L = £188.80 profit

Speculating on forex, by spread trading or otherwise, doesn't always work out as you would have liked. In the above example, you had bet that the forex rate would increase. Nevertheless, the FX rate can also fall.

If the EUR/NZD market had fallen then you could choose to close your spread bet to limit your losses.

So if the market pulled back to NZ$1.56268 - NZ$1.56428 then this means you would close your position by selling at NZ$1.56268. If so, this would result in a loss of:

P&L = (Final Value - Opening Value) x stake
P&L = (NZ$1.56268 - NZ$1.57290) x £2 per point stake
P&L = -NZ$0.01022 x £2 per point stake
P&L = -102.2 points x £2 per point stake
P&L = -£204.40 loss

Note: EUR/NZD Rolling Daily forex market taken as of 11-Sep-12.


Advert: EUR/NZD Spread Betting, sponsored by FinancialSpreads.com.
You can spread bet on EUR/NZD with Financial Spreads.


How to Spread Bet on Euro - New Zealand Dollar

How to Spread Bet on Euro - New Zealand Dollar - Example 2


Looking at Inter Trader, we can see that they are pricing the Euro - New Zealand Dollar Rolling Daily market at NZ$1.57675 - NZ$1.57835. As a result, an investor could spread bet on the Euro - New Zealand Dollar rate:

  Euro - New Zealand Dollar Trading Example Moving above NZ$1.57835, or
  Euro - New Zealand Dollar Spread Betting Example Moving below NZ$1.57675

Whilst spread betting on Euro - New Zealand Dollar you trade in £x per point where a point is NZ$0.00010 of the pairs movement. So, if you decided to have a stake of £2 per point and Euro - New Zealand Dollar moves 36.0 points then that would change your profit/loss by £72. £2 per point x NZ$0.00360 = £2 per point x 36.0 points = £72.

So, if you continue with the spread of NZ$1.57675 - NZ$1.57835 and assume:
  • You've completed your analysis of the forex markets, and
  • You think that the Euro - New Zealand Dollar market will rise above NZ$1.57835
Then you could decide to buy at NZ$1.57835 for a stake of, for the sake of argument, £3 per point.

Therefore, you make a profit of £3 for every point (NZ$0.00010) that the Euro - New Zealand Dollar pair moves higher than NZ$1.57835. Having said that, it also means that you will make a loss of £3 for every point that the Euro - New Zealand Dollar market falls below NZ$1.57835.

Thinking of this in a slightly different way, if you ‘Buy’ a spread bet then your P&L is found by taking the difference between the final price of the market and the price you bought the market at. You then multiply that price difference by your stake.

If after a few hours the rate started to increase then you might want to close your spread bet to lock in your profit.

Taking this a step further, if the market did go up then the spread, determined by the spread betting company, might change to NZ$1.58309 - NZ$1.58469. To close your trade you would sell at NZ$1.58309. Accordingly, with the same £3 stake your profit would be:

P&L = (Settlement Price - Opening Price) x stake
P&L = (NZ$1.58309 - NZ$1.57835) x £3 per point stake
P&L = NZ$0.00474 x £3 per point stake
P&L = 47.4 points x £3 per point stake
P&L = £142.20 profit

Speculating on currencies, whether by spread betting or not, is not simple. In this case, you had bet that the forex rate would increase. Nevertheless, the currency rate could fall.

If the Euro - New Zealand Dollar rate weakened, against your expectations, then you could choose to close your spread bet in order to restrict your losses.

Should the market pull back to NZ$1.57440 - NZ$1.57600 then you would sell back your position at NZ$1.57440. If so, that would mean you would lose:

P&L = (Settlement Price - Opening Price) x stake
P&L = (NZ$1.57440 - NZ$1.57835) x £3 per point stake
P&L = -NZ$0.00395 x £3 per point stake
P&L = -39.5 points x £3 per point stake
P&L = -£118.50 loss

Note: Euro - New Zealand Dollar Rolling Daily spread betting market accurate as of 18-Sep-12.


Advert: EUR/NZD Spread Betting, sponsored by FinancialSpreads.com.
You can spread bet on EUR/NZD with Financial Spreads.


Trading Risk Warning
'EUR/NZD Spread Betting' edited by Jacob Wood, updated 09-Oct-17

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