Positions | Today | Yesterday | % Change | |
Longs | 63% | 67% | -6.35% | |
Shorts | 37% | 33% | 10.81% | |
Indicator | 4H | 1D | 1W | |
MACD (12; 26; 9) | Sell | Sell | Sell | |
RSI (14) | Buy | Buy | Neutral | |
Stochastic (5; 3; 3) | Buy | Buy | Neutral | |
Alligator (13; 8; 5) | Sell | Sell | Sell | |
SAR (0.02; 0.2) | Sell | Sell | Buy | |
Aggregate | ⇒ | ⇒ | ⇒ |
The decline of the NZD/USD exchange rate has been guided by the 50-hour simple moving average.
Presently, the currency pair is trading near the bottom border of a two-week descending channel at 0.6437. from a technical point of view, a reversal towards the 50-hour SMA at 0.6564 could be expected within this session.
However, technical indicators demonstrate that the New Zealand Dollar might continues it downside momentum against the US Dollar during today's session. The potential target for bearish traders could be near the monthly S2 at 0.6410 during the following trading session.