Positions | Today | Yesterday | % Change | |
Longs | 63% | 63% | 0.00% | |
Shorts | 37% | 37% | 0.00% | |
Indicator | 4H | 1D | 1W | |
MACD (12; 26; 9) | Buy | Sell | Sell | |
RSI (14) | Neutral | Neutral | Neutral | |
Stochastic (5; 3; 3) | Buy | Neutral | Neutral | |
Alligator (13; 8; 5) | Buy | Sell | Sell | |
SAR (0.02; 0.2) | Sell | Sell | Sell | |
Aggregate | ⇗ | ⇘ | ⇘ |
The New Zealand Dollar spent Wednesday's trading session relatively calm against the US Dollar. The currency pair was moving within trading range at 0.6820 and 0.6778 by the end of the session. During the middle of Tuesday session, the exchange rate was stranded between SMAs. The 55-hour simple moving average was providing resistance for the rate, while the 100– and 200-hour SMAs was providing support. Everything being equal, a breakout from the SMAs is likely to occur within this session. Meanwhile. Technical indicators are in favour of bears to continue their dominance during the next trading hours.