Positions | Today | Yesterday | % Change | |
Longs | 53% | 53% | 0.00% | |
Shorts | 47% | 47% | 0.00% | |
Indicator | 4H | 1D | 1W | |
MACD (12; 26; 9) | Buy | Buy | Sell | |
RSI (14) | Neutral | Sell | Neutral | |
Stochastic (5; 3; 3) | Neutral | Neutral | Sell | |
Alligator (13; 8; 5) | Buy | Buy | Neutral | |
SAR (0.02; 0.2) | Buy | Buy | Buy | |
Aggregate | ⇗ | ⇗ | ⇒ |
The New Zealand Dollar surged by about 100 base points against the US Dollar on Wednesday. The exchange rate was supported by the 50– and 100-hour SMAs during yesterday session.
As for the near future, it is expected that the NZD/USD currency exchange rate makes a temporary retracement down towards a support cluster formed by the 200-hour simple moving average and the weekly PP at the 0.6810 area.
If the support cluster holds, the currency pair will continue its upside journey during the following trading session.