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) | Neutral | Neutral | Neutral | |
Alligator (13; 8; 5) | Buy | Sell | Sell | |
SAR (0.02; 0.2) | Sell | Sell | Sell | |
Aggregate | ⇒ | ⇘ | ⇘ |
No significant changes were introduced to the NZD/USD exchange rate positioning on Tuesday, as it remained trading with low volatility and along the 55-hour simple moving average.
Even though the currency pair was trading with low volatility yesterday, bulls still manage to guide the rate towards the upper boundary of a descending trend line and could be set for a breakout.
Technical indicators flash bearish signals on the daily time-frame, this could suggest that the currency exchange rate might reverse from the upper border of the downtrend line for a potential test of the 100– or 200-hour SMAs.