Positions | Today | Yesterday | % Change | |
Longs | 46% | 40% | 13.04% | |
Shorts | 54% | 60% | -11.11% | |
Indicator | 4H | 1D | 1W | |
MACD (12; 26; 9) | Sell | Sell | Buy | |
RSI (14) | Neutral | Neutral | Neutral | |
Stochastic (5; 3; 3) | Sell | Sell | Sell | |
Alligator (13; 8; 5) | Sell | Sell | Buy | |
SAR (0.02; 0.2) | Buy | Buy | Buy | |
Aggregate | ⇘ | ⇘ | ⇗ |
The New Zealand Dollar continues losing ground against the US Dollar. The currency pair was guided by the 55—hour simple moving average during yesterday session.
The NZD/USD exchange rate managed to rally some points on Monday. However, the rally was stopped by the weekly pivot point at 0.7261.
As for near future, the currency exchange rate is likely to maintain the channel down until it finds the nearest support set by the monthly S1 near the 0.7166 mark. For the time being, technical indicators flash mixed signals.