Positions | Today | Yesterday | % Change | |
Longs | 54% | 62% | -14.81% | |
Shorts | 46% | 38% | 17.39% | |
Indicator | 4H | 1D | 1W | |
MACD (12; 26; 9) | Buy | Sell | Sell | |
RSI (14) | Neutral | Neutral | Buy | |
Stochastic (5; 3; 3) | Neutral | Neutral | Buy | |
Alligator (13; 8; 5) | Buy | Sell | Sell | |
SAR (0.02; 0.2) | Buy | Sell | Sell | |
Aggregate | ⇗ | ⇘ | ⇒ |
The New Zealand Dollar versus the US Dollar has revealed a new junior ascending channel on Thursday. The exchange rate broke the medium-term descending channel yesterday.
As shown on the 1(H) chart, the pair was pressured by the 200-hour simple moving average and the weekly PP. Moreover, the currency pair could breach the weekly R1 at 0.6598 in this session.
Everything being equal, It is likely that the NZD/USD currency exchange rate remains moving in the newly formed ascending channel during the following trading session.